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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Ripple eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

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

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

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.