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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple — Asian Wrap 20 September

Bitcoin is showing rising correlation with the S&P 500

Bitcoin's (BTC) price rallied alongside the S&P 500 (SPX) on Thursday, strengthening its rising correlation with the index in 2024.

Ethereum rallies over 6% following decision to split Pectra upgrade into two phases

Ethereum is up 6% on Thursday following the recent decision by core developers of the Main chain to split the upcoming Pectra upgrade into two phases.

XRP eyes gains as Ripple gears up for stablecoin launch, Grayscale XRP Trust notes rising NAV

Ripple (XRP) gained 2.3% since the start of the week. The altcoin’s gains are likely powered by key market movers that include Ripple USD (RUSD) stablecoin, Grayscale XRP Trust performance and the demand for the altcoin among institutional investors. 

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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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