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Cryptocurrencies Price Prediction: Bitcoin, Ripple and Ethereum – European Wrap 11 January

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Assessing chances of crypto market reversal

Bitcoin price continues to play an important role in curbing unnecessary optimism in the market. The bearish outlook that has developed over the last few days could result in a steep correction. If successful, it will end the free reign some altcoins have been enjoying. Ethereum and Ripple have rallied to an extent but not as much as Lido DAO, Ethereum Classic and so on.
BTC/USD 4-hour chart

XRP Price Prediction: Some tough levels ahead slow down rally with $0.42 on top

Ripple (XRP) price has jumped over 3% early Wednesday as bulls pierce through the monthly pivot level at $0.36. This comes after a very nervous trading day on Tuesday in the US session as traders were a bit puzzled about what to do with US Federal Reserve  Chair Powell refraining from commenting on the US rate situation during a symposium at the Riksbank in Sweden. Deep into the US trading session, traders shrugged off the nervousness and added more risk assets into their positions, triggering sharp jumps and rallies in equities and cryptocurrencies.

XRP/USD daily chart

Ethereum Shanghai hard fork and token unlock: A complete guide to unstaking ETH

Ethereum Shanghai Hard Fork is the next key milestone for the second-largest cryptocurrency by market capitalization. The event is closely followed by a token unlock, where at least 35,008 ETH will be unlocked shortly after the hard fork is successful. 
ETH/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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XRP approaches key support as risk-off sentiment deepens
Ripple (XRP) is trading at $1.06 on Monday, maintaining its position within a broader bearish trend. The token’s technical outlook continues to deteriorate, pressured by declining retail participation. Appetite for risk assets remains lethargic, as reflected in the Fear & Greed Index, which is embedded in the Fear territory at 28.
Crypto Today: Bitcoin, Ethereum, XRP extend decline amid renewed risk-averse sentiment
The cryptocurrency market remains weak on Monday, with Bitcoin (BTC) falling toward the nearest $62,000. Ethereum (ETH) and Ripple (XRP) reflect the sell-off across altcoins, edging lower toward $1,800 and $1.05, respectively. Risk appetite remains subdued, as the Fear & Greed Index holds steady at 28, deep within Fear territory.
The Bitcoin futures yield collapse: Once over 20%, now less than Treasury notes
Once a goldmine for carry traders, Bitcoin futures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February. Carry trades consistently yielded 20% or more across regulated and unregulated crypto exchanges during the 2021 bull market. The strategy involved shorting Bitcoin futures while simultaneously buying a spot exchange-traded fund (ETF).
The crypto market is moving in the opposite direction to equities
The crypto market’s market capitalisation has fallen by 1% over the past 24 hours, returning to levels last seen in mid-July. The positive momentum the market showed in the first half of last week failed to take hold. Once again, we are seeing a negative correlation with the Nasdaq 100 index, this time in the form of falling cryptocurrencies while shares rise. Could this be becoming the new norm?
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.