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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Ripple — Asian Wrap 09 May

Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Ripple — Asian Wrap 09 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price dips below $28,000 as global macro liquidity continues to drain

Bitcoin price has had a rather better performance over the last couple of weeks in comparison to the rest of the digital assets. This kept the cryptocurrency dominating the market, which, by the looks of it, might bear results if this happens.

 

Dogecoin price, after showing signs of some potential recovery, failed to chart gains and ended up falling to a five-week low. The investors interestingly already had it coming as signals of the same could be observed for nearly a month now.

Ripple price could drop an additional 10% amid bearish assertions from Cardano’s Charles Hoskinson

Ripple (XRP) price remains bearish after breaking from a horizontal consolidation. The overall bearishness is attributed to the broader crypto market gloom and the pending case between Ripple and the Securities and Exchange Commission (SEC). However, in a recent development, negative chatter between Cardano (ADA) founder Charles Hoskinson and Ripple has reinvigorated the dark clouds above the remittance token.
 

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