Cryptocurrencies Price Prediction: Bitcoin, Ripple & Crypto – European Wrap 19 January
Bitcoin Price Forecast: BTC extends decline as risk sentiment fades amid EU–US trade tensions
Bitcoin (BTC) price extends losses, trading below $93,000 on Monday and retesting a key support. The growing trade war tension between the European Union (EU) and the United States (US) has triggered risk-off sentiment, with investors moving toward safe-haven assets while risky assets face a correction. Despite a short-term bearish outlook for the Crypto King, institutional demand remains strong, with spot Exchange Traded Funds (ETFs) recording inflows of over $1.4 billion last week.
XRP declines as Trump's tariff threat to the EU scares crypto investors
Ripple (XRP) trades in the red below $2 at press time on Monday, as the broader cryptocurrency market remains under pressure from US President Donald Trump’s threat of a 10% tariff on 8 European nations in pursuit of Greenland. The emerging crack in the NATO alliance could spark a tectonic shift in global politics and financial markets.
Crypto Today: Bitcoin, Ethereum, XRP start week in red, no recovery in sight
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) are struggling to recover on Monday threats of additional tariffs on European countries, by US President Trump. Crypto market erased 2% of its market capitalization in the last 24 hours, down to $3.23 trillion at the time of writing.
Author
FXStreet Team
FXStreet
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.
