Cryptocurrencies Price Prediction: Bitcoin, XRP & Crypto – European Wrap 15 January

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Bitcoin Price Forecast: BTC recovers ahead of US CPI data release

Bitcoin (BTC) continues its recovery, trading above $97,000 on Wednesday after retesting its key psychological level at $90,000 earlier this week. The upcoming US Consumer Price Index (CPI) data release could bring volatility to Bitcoin, and traders should watch for it.

Confident XRP fuels crypto optimism

The cryptocurrency market has gained 3% in the last 24 hours to reach the $3.40 trillion level, which has been the centre of the range for the last four weeks. This was a key resistance level at the end of December. Further market movement will be an important sentiment indicator, but we will have to wait until the US inflation data is released.

Trump plans pro-crypto executive order on day one

President-elect Donald Trump is reportedly preparing to sign an executive order supporting cryptocurrency regulations on his first day in office, according to the Washington Post. Sources involved in the discussions reveal that Trump's team, led by incoming crypto advisor David Sacks, has been working closely with cryptocurrency industry leaders to develop policies aimed at ending unfair banking practices and overregulation.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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