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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 8 August

Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 8 August
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Faux strength or resurgence of bullish momentum?

Bitcoin price shows a resurgence of buying pressure as the eastern markets open fresh to a new week. This development, while bullish, could turn sour if BTC fails to overcome a significant hurdle. Assuming this occurs, the recent surge in Ethereum, Ripple and other altcoins could also quickly come undone.

BTC/USDT 4-hour chart

Ethereum Merge, potential forks and exchange listing: Where will ETH price go next?

Ethereum price has been at the center of speculation for quite some time due to the upcoming Merge update. As a result, there have been forecasts of what the future could hold, not just for users, but also from a miners’ perspective. 

ETH/USDT 1-day chart
 

Ripple is set to lose legal battle against the SEC, argues US Congressman

US Congressman Brad Sherman commented on the SEC v. Ripple case. Rep. Sherman believes Ripple will likely lose its legal battle as the native cryptocurrency XRP is a security. 

XRP-USDT price chart

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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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