Cryptocurrencies Price Prediction: Bitcoin, SPX6900 & Ripple — Asian Wrap 1 August

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Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – Bears set sight on $112K BTC, $3,500 ETH, $2.78 XRP

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) price action are showing signs of weakness as bears gain control of the momentum. BTC and ETH close below their key support levels, while XRP hovers around a critical level, all hinting at potential downside moves in the near term.

SPX, VIRTUAL, PENDLE lead the fall amid Bitcoin’s third major profit booking

SPX6900 (SPX), Virtuals Protocol (VIRTUAL), and Pendle (PENDLE) are leading the broader cryptocurrency market pullback on Friday, underpinned by a major sell-off move in Bitcoin (BTC). SPX edges higher by nearly 1% at press time on Friday after four consecutive days of losses. The uptick holds the meme coin above its 50-day Exponential Moving Average (EMA) at $1.55.

Ripple Price Prediction: XRP could accelerate losses below $3.00

Ripple (XRP) price is on the back foot, retracing slightly to trade at $3.09 on Thursday. An attempt to step above resistance at $3.32 failed, reflecting low demand retail and a shift in market sentiment, following Wednesday's United States (US) Federal Reserve (Fed) interest rate decision.

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XRP rebounds as retail demand shows signs of returning

Ripple exhibits a subtle rebound outlook, trading near $1.10 at the time of writing on Thursday. The headwinds in the crypto market are largely attributable to mounting investor uncertainty amid renewed tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum, XRP rise after defending key support amid renewed Middle East tensions

Cryptocurrency prices are broadly rebounding on Thursday, following a dominant sell-off largely attributed to geopolitical tensions in the Middle East. Bitcoin has risen and trades near $63,000, while Ethereum pares losses around $1,750 as bulls aim for a short-term breakout above $1,800.

Bitcoin stalls as mixed ETF flows, renewed US-Iran tensions cap upside

Bitcoin trades at $63,000 on Thursday, recovering slightly after facing rejection near $64,000. Renewed geopolitical uncertainty has dampened risk appetite, limiting BTC upside potential.

Aptos recovery eyes a breakout rally after crucial blockchain bug fix

Aptos price is up 3% at press time on Thursday after three consecutive days of weakness earlier this week. The recovery is likely linked to a crucial blockchain bug fix that exposed its entire Total Value Locked of over $100 million at risk.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.