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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum — Asian Wrap 02 September

Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum — Asian Wrap 02 September
FXStreet TeamFXStreet TeamFXStreet

What to expect from Bitcoin in September, historically a red month for BTC

Bitcoin (BTC) on-chain metrics support gains in Bitcoin, however, historically the largest cryptocurrency has yielded negative returns for traders in the month of September. The ongoing cycle is considered different from previous ones with Bitcoin Spot ETFs approved this year and rising institutional demand for the asset. 

Ripple update: 1 billion XRP transfer, SEC could payback $125 million to Ripple if appeal fails

Ripple unlocked a large volume of XRP tokens on September 1. The transfer was tracked by Whale Alerts and XRP traders pondered on the impact of the large volume unlock. 

Ethereum founder Vitalik Buterin says never sold Ether for profit, ETH slips under $2,400

Vitalik Buterin, Ethereum founder responded to criticism of Ether on-chain transfers. Buterin’s recent Ether transfers have raised concerns among ETH holders. Ether crumbled under selling pressure since ETF launch and consistent outflows have negatively influenced the altcoin’s price. 

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