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Cryptocurrencies Price Prediction: Bitcoin, Ripple and Monero – European Wrap 12 January

Bitcoin 15% upswing beckons, as the crypto market stabilizes

Investors in the cryptocurrency market are keen on buying the dip following the bearish waves on Monday. Bitcoin tested support at $30,000 but has recovered above $35,000. Read more...

BTC/USD 4-hour chart

XRP price primed to surge despite Ripple's legal uncertainty

Ripple is up 5% on the day following a rebound from the recent support at $0.26. Altcoins were caught up in Bitcoin's downswing to $30,000 as covered on Monday. XRP seems to be embracing a recovery mission that could massively send it to higher price levels, perhaps $0.6. Read more...

XRP/USD 4-hour chart

Monero, Dash, and Zcash rebound strongly, outperforming other altcoins

SushiSwap trading volume has increased significantly over the last 30 days. Santiment shows the volume has increased from $130 million to a 30-day peak of $593 million, representing a 78% growth. Despite the surge in the volume, SUSHI price has not changed as much. Read more...

XMR/USD daily chart

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Bittensor extends recovery despite retail demand slump

Bittensor, a leading Artificial Intelligence token, is aging up above $190 at the time of writing on Wednesday. Steady price increases characterise the broader crypto market, with Bitcoin holding above $71,000 and Ethereum above $2,000.

XRP rises as ETF inflows persist, but low retail demand may limit recovery

Ripple is gaining upside momentum, trading above $1.40 at the time of writing on Wednesday. The remittance token is rising in tandem with major crypto assets, including Bitcoin, which has crossed above the pivotal $70,000 level, and Ethereum, which is holding above $2,000.

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Bitcoin price rises by 5%, near the upper boundary of the recent consolidation range. US-listed spot ETFs recorded an inflow of $225 million on Tuesday, marking the second consecutive day of positive flows this week.

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