Cryptocurrencies Price Prediction: Bitcoin, Cryptos & XRP – American Wrap 18 July

FXStreet Team FXStreet

XRP update: To buy or not to buy XRPLedger’s native token after SEC vs Ripple ruling

The SEC vs Ripple ruling triggered a massive recovery in XRP market capitalization and price. The altcoin’s market cap is nearly $40 billion at the time of writing and the token is trading at $0.7394.

XRP surpasses Bitcoin as the most traded asset in South Korea following partial win against SEC

With XRP price soaring for the last few days, Ripple investors are having a field day as the altcoin has become a must-have for crypto investors. Consequently, the cryptocurrency has not only taken on, but also eclipsed top crypto assets to emerge as the most in-demand in some regions.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC pullback could harm altcoin gains

Bitcoin price has shown no signs of breaking out of its rangebound movement that has been ongoing for the 25th day. Ethereum (ETH) price continues to follow the big crypto’s footsteps, while Ripple (XRP) price continues to reel from the SEC vs. Ripple lawsuit’s verdict which nearly caused the token’s value to double.

Author

FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Mixed signals leave XRP and XLM at crossroads

Ripple and Stellar are trading at critical technical levels on Thursday. XRP has stabilized above the psychological $1.00 support, while XLM is testing support at $0.173. Traders should be cautious as mixed derivatives metrics keep the outlook uncertain for both altcoins. Derivatives data shows mixed sentiment among traders. CoinGlass’ long-to-short ratio for XRP reads 1.02 on Thursday.

Robinhood revenue climbs 32% to record $1.3B in Q2, crypto earnings decline 38%

Robinhood hit record revenue for the second quarter of the year, with total net revenue rising 32% year-over-year to $1.31 billion, according to its earnings report on Wednesday. The exchange witnessed strong growth across equities, options and event contracts.

Bitcoin trails US Dollar as Fed holds rate steady

The Federal Reserve kept its benchmark interest rate unchanged at 3.50% to 3.75% at its July meeting on Wednesday, in line with market expectations. Minutes from the meeting showed that economic activity has been expanding at a solid pace despite elevated uncertainty. The central bank also noted that job gains have "kept pace with the workforce."

Ethereum: Can Fed decision unsettle the calmness in ETH?

Ethereum climbed above $1,900 on Wednesday following the Federal Open Market Committee's (FOMC) decision to leave interest rates unchanged at 3.50-3.75%. The decision follows a quiet derivatives and spot market for the top altcoin, with traders waiting for the decision before making a move, according to CryptoQuant analysts.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.