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Cryptocurrencies Price Prediction: Bitcoin, Ripple and Ethereum – European Wrap 5 August

Bitcoin Price Prediction: BTC/USD recovery extended after a move above $11,300 — Confluence detector

Bitcoin (BTC) is trying to clear the local resistance of $11,300. The first digital asset has stayed mostly unchanged since the beginning of Wednesday and gained 1.5% after the sell-off towards $11,000 during early Asian hours. Bitcoin's market capitalization settled at $208 billion, while its average trading volume is $22.7 billion. The coin's market dominance settled at 60.4%, unchanged from this time on Tuesday. Read more ...

BTC/USD

Ethereum Market Update: ETH/USD back on recovery track, $400.00 in focus

Ethereum, the second-largest digital asset came close to $400. If this psychological barrier is cleared, the price may retest the recent high of $415 and continue the recovery towards $450. ETH has gained nearly 2% since the beginning of the day and stayed unchanged on a day-to-day basis. Read more ...

ETH/USD

Ripple Market Update: XRP/USD under $0.3000 after Ripple announces the investment in XRPL Lab

Ripple's XRP dropped below $0.30 after a failed attempt to settle above $0.3200 during early Asian hours. The coin has lost over 4% in the recent 24 hours and stayed mostly unchanged since the beginning of the day. XRP takes the third position in the global cryptocurrency market rating with the current market capitalization of $13.9 billion and an average daily trading volume of $3.3 billion. Read more ...

XRP/USD

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Ripple slumps toward $1.00 despite network growth and ETF demand

Ripple (XRP) is holding above the key $1.00 psychological support level at the time of writing on Tuesday, even as the market endures a protracted downturn that began in mid-June.

Crypto Today: Bitcoin, Ethereum, XRP correction deepens as capitulation persists

The cryptocurrency market continues to face downward momentum on Tuesday, with Bitcoin (BTC) sliding below $60,000, Ethereum (ETH) breaching the $1,600 mark, and Ripple (XRP) retreating toward its critical $1.00 psychological threshold.

Why a hawkish Bank of Japan could trigger the next Bitcoin sell-off

The Japanese Yen (JPY) recorded its lowest level in four decades, at 162.00 against the US Dollar (USD) on Tuesday, raising concerns that the Bank of Japan (BoJ) could intervene to protect the Yen.

Bitcoin struggles near $59,500 amid persistent ETF outflows, US-Iran Doha talks in doubt

Bitcoin struggles around $59,500 on Tuesday after a massive two-week correction. Investors remain cautious as the US and Iran offer different signals over whether their delegations will hold direct peace talks in Qatar.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.