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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Crypto – European Wrap 11 December

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Crypto – European Wrap 11 December
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC faces setback from Microsoft’s rejection

Bitcoin’s (BTC) price recovers slightly, trading around $98,400 on Wednesday, after declining 4.47% so far this week. Investor indecisiveness is evident in Bitcoin as mixed signals emerge. Microsoft’s shareholders rejected a proposal to add Bitcoin to the company’s balance sheet on Tuesday, while rising institutional inflows, Ray Dalio’s endorsement of BTC, and increased Bitcoin holdings by Mara Digital and Riot Platforms offer signs of optimism.

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Ripple's XRP could resume bullish momentum following RLUSD approval

Ripple's CEO Brad Garlinghouse announced on Tuesday that the company received a green light from the New York Department of Financial Services (NYDFS) on the launch of its stablecoin RLUSD. XRP jumped nearly 7% after the announcement despite on-chain data showing a huge supply pool flooding the Binance exchange.

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Google’s ‘Willow’ chip stirs crypto security fears

Bitcoin (BTC) price hovers around $97,500 on Wednesday after declining 4.47% so far this week. Ethereum (ETH) followed BTC’s lead and closed below the key support level, suggesting a continuation of the pullback ahead. Ripple (XRP) bounced off its crucial support level; a firm close below this would indicate a decline ahead.

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