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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 26 June

Bitcoin Price Analysis: BTC/USD gains ground, ahead of options expiry

BTC/USD is changing hands at $9,211 after a short-lived dip to the intraday low of $9,079. Bitcoin has stayed mostly unchanged both on a day-to-day basis and since the beginning of Friday as the market waits for the massive options expiry later during the day. The mrket capitalization of the first digital asset exceeded $169 billion, while its market share settled at 64.4%.

BTC/USD

Ethereum Weekly Forecast: ETH/USD bears unrelenting towards $200

Ethereum has in the last 48 hours bled profusely due to the rejection at $250. The second attempt at clearing the psychological level ended in dire losses as Ethereum spiraled under $230. Support has been established at $225 but gains above $230 are currently unsustainable. ETH/USD is trading at $228 following a 1.53% loss on the day. Other cryptocurrencies such as Bitcoin and Ripple are also in the red as they continue to nurse losses incurred.

ETH/USD

Ripple Price Analysis: XRP/USD threatens major support below $0.1800

XRP/USD dropped below $0.1800 and touched the intraday low at $0.1784. At the time of writing, XRP/USD is changing hands at $0,1890, down 1% both on a day-to-day basis and since the start of Friday. Ripple's XRP is the fourth-largest digital asset with the current market value of $8 billion and an average daily trading volume of $1 billion. 

XRP/USD

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Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
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Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.