Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Ripple – European Wrap 18 January [Video]
![Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Ripple – European Wrap 18 January [Video]](https://editorial.fxstreet.com/images/Markets/Currencies/Cryptocurrencies/financiera-comercial-grafico.jpg)
Here’s what Bitcoin, Ethereum prices need for an explosive rally following US PPI release
The release of the latest US Producer Price Index (PPI) data, which measures factory gate price inflation, could significantly impact Bitcoin, Ethereum and other cryptocurrencies when it is released at 13:30 GMT on Wednesday, January 18. The econometric is seen as a forewarner of more general consumer price inflation since it measures the cost of goods after production, or the ‘wholesale’ price.
Here’s how Ethereum whales predict massive gains in meme coin Shiba Inu
Ethereum whales continued their accumulation of Shiba Inu, the second-largest meme coin in the ecosystem. Shiba Inu (SHIB) ranks in the top ten most traded cryptocurrencies among 100 largest whales on the Ethereum blockchain. This could fuel a bullish narrative for SHIB and drive the meme coin’s price higher.
Ripple bulls fall short after recent rally, here's what's next for XRP price
A brief technical and on-chain analysis on Ripple price. Here, FXStreet's analysts evaluate where XRP could be heading next.
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.
