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Cryptocurrencies Price Prediction: Bitcoin, Ethereum Classic and Ripple – European Wrap 29 July

Cryptocurrencies Price Prediction: Bitcoin, Ethereum Classic and Ripple – European Wrap 29 July
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price Prediction: BTC/USD dip is coming in the wake of the rally – Confluence Detector

Bitcoin’s intent to stay above $11,000 becomes difficult with each passing second. A bullish reversal on Wednesday saw BTC/USD reclaim the ground above $11,000. However, on trading levels of $11,361 losses took effect immediately. At the time of writing, Bitcoin has retreated to $10,954. The downtrend could soon retest support at $10,800. Besides, a reversal seems imminent following the massive rally from the narrow range between $9,000 and $9,300. Read more ...

BTC/USD price chart

Ethereum Classic Price Analysis: ETC/USD extends the sell-off, $7.00 stays unbroken

Ethereum Classic (ETC) hit the recent recovery high at $7.54 and retreated to $7.11 by the time of writing. The coin has lost over 4% since the beginning of Thursday amid strong bearish momentum triggered mostly by technical factors. ETC/USD faced a stiff resistance on approach to $7.50 that stopped the recovery twice in 2020. Read more ...

ETC/USD

Ripple Price Analysis: XRP/USD ready to retest $0.2500 after a consolidation period

Ripple's XRP is changing hands at 0.2430. The coin has stayed mostly unchanged both on a day-to-day basis and since the beginning of Thursday, even though the majority of altcoins have been moving down. XRP settled on third place in the global cryptocurrency market rating with the market capitalization over $10 billion and an average daily trading volume of $1.8 billion.  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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Top Altcoins Price Forecast: Ripple, Cardano, Solana – ETF inflows, whale demand signal further rally

Top Altcoins Price Forecast: Ripple, Cardano, Solana – ETF inflows, whale demand signal further rally

Ripple, Cardano, and Solana continue to experience a steady recovery with double-digit gains so far this month. Ripple and Solana experience firm institutional demand, while the percentage of ADA supply in profit rises, underpinned by interest from large-wallet investors, commonly referred to as whales.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC reclaims $84,000, ETH heads toward recent highs, XRP extends rebound

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC reclaims $84,000, ETH heads toward recent highs, XRP extends rebound

Bitcoin, Ethereum, and Ripple extend their recovery on Friday after recent pullbacks, as investors show renewed buying interest. BTC reclaims the $84,000 level, ETH moves back above $2,688 while XRP builds on recent’s gains. The price action of these top three cryptocurrencies will be crucial as bulls attempt to sustain the rebound and challenge key resistance levels.

Crypto exchange Bitget hacked for over $350 million

Crypto exchange Bitget hacked for over $350 million

Cryptocurrency exchange Bitget has been hacked for over $351 million after attackers compromised a few of its hot wallets. The hack was first flagged across several onchain tools, which initially noted over $180 million in assets moving from a few of the exchange's wallets to unidentified addresses.
Federal Reserve seeks public input on two stablecoin proposals under GENIUS Act

Federal Reserve seeks public input on two stablecoin proposals under GENIUS Act

The Federal Reserve (Fed) Board is seeking public comment on two proposals that would establish a regulatory framework for payment stablecoin issuers supervised by the central bank under the GENIUS Act. The proposals, announced Thursday, would establish requirements covering stablecoin reserves, capital, risk management and the approval process for banks seeking to issue payment stablecoins.
Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.