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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 1 September

Bitcoin price prediction: BTC/USD on the bull's run, $12.00 within reach – Confluence detector

Bitcoin (BTC) hit the intraday high at $11.944 and retreated to $11,920 by the time of writing. The first digital asset has recovered from the recent bottom of $11,227 hit on August 27 and aimed at $12,000, which is regarded as a critical psychological barrier. BTC/USD has gained over 2% both on a day-to-day basis and since the beginning of the day. Read more ...

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Ethereum Price Prediction: ETH/USD spectacular rally to new 2020 highs

Ethereum price has made its way above $450 after putting August’s high at $447 in the rearview. The surge has taken place in the shadow of DeFi’s new darling Yearn.finance’s surge to highs above $40,000. The Defi ecosystem continues to sell Ethereum as the go-to platform for smart contracts and decentralized applications. In spite of the Ethereum protocol struggle with congestion and high transaction fees, the DeFi ecosystem continues to surge. Read more ...

ETH/USD price chart

Ripple Price Prediction: XRP/USD to resume the upside after technical correction – Confluence Detector

Ripple’s XRP hit the intraday high at $0.2959 and retreated to $0.2930 by the time of writing. The third digital asset has bottomed at $0.2547 hit on August 27, and started the recovery with the critical resistance created by the psychological $0.3000. XRP/USD has gained over 4% both on a day-to-day basis and since the beginning of the day.  Read more ...

XRP/USD

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FXStreet Team

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.

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Ripple correction pauses, but recovery prospects remain limited

XRP hovers above the critical $1.00 support level but faces diminishing recovery potential. Binance XRP futures Open Interest falls to $189 million, the lowest level in three months.

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Cryptocurrency prices are broadly consolidating near key lower support levels on Wednesday, led by Bitcoin, hovering around $74,000. Ethereum sits above $2,000 while its upside remains structurally capped. Ripple, meanwhile, holds delicately above $1.00.

Bitcoin at risk of sharp moves as leverage builds in derivatives markets

Bitcoin remains in a capped tone, trading around $73,800 on Wednesday after slipping to a low of $72,727 following the previous day’s hot US inflation figures. Institutional demand continues to weaken, with BTC spot ETFs recording a $95 million outflow on Tuesday, marking the fourth straight day of withdrawals.

Chainlink holds at $10 as Moody’s Ratings completes CCIP testnet pilot

Chainlink edges higher on Wednesday, taking a breather after the previous day’s 3% decline. Moody’s Rating completes the testnet pilot on Chainlink’s CCIP to distribute credit assessment data across multiple blockchain networks simultaneously.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.