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Cryptocurrencies price prediction: Bitcoin, XRP & Cryptos – American Wrap 02 September

Cryptocurrencies price prediction: Bitcoin, XRP & Cryptos – American Wrap 02 September
FXStreet TeamFXStreet TeamFXStreet

Bitcoin and Gold Outlook: BTC comes under pressure, XAU rebounds amid US-Iran strikes

Bitcoin (BTC) remains neutral-to-bullish, edging lower near $77,000 support on Wednesday. The largest cryptocurrency by market capitalization has been unable to sustain a recovery after being rejected around $81,500 last Friday. Meanwhile, its downside appears broadly protected due to an established moving average cluster.

Bitcoin’s resilience is tested by global bond selloff

Bitcoin is hovering around $76,500 on Wednesday as the global bond selloff continues, putting the cryptocurrency's August rally to the test. 

XRP falls near key support as ETF inflows try to offset headwinds

Ripple (XRP) continues to trim gains on Wednesday, trading around $1.32 at the time of writing. The remittance token came under pressure after a massive 72% rally from $1.00 to $1.70 in August stalled on profit-taking and the need to moderate in search of fresh liquidity.

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FXStreet Team

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.

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XRP slips near key support as geopolitical tensions re-escalate

XRP slips near key support as geopolitical tensions re-escalate

Ripple (XRP) continues to trim gains on Wednesday, trading around $1.32 at the time of writing. The remittance token came under pressure after a massive 72% rally from $1.00 to $1.70 in August stalled on profit-taking and the need to moderate in search of fresh liquidity.

Crypto Today: Bitcoin, Ethereum, XRP edge lower as renewed US-Iran tensions weigh

Crypto Today: Bitcoin, Ethereum, XRP edge lower as renewed US-Iran tensions weigh

The cryptocurrency market is pulling back broadly on Wednesday as investors adopt a cautious stance, with Bitcoin consolidating near its short-term support at $77,000. Ethereum remains under pressure, slipping toward $2,400. Ripple is also trending lower.

Bitcoin faces pressure as ETF outflows, Fed rate-hike bets weigh

Bitcoin faces pressure as ETF outflows, Fed rate-hike bets weigh

Bitcoin remains under pressure, trading around $77,600 on Wednesday after slipping 1.45% the previous day. Rising energy prices amid fresh US-Iran tensions alongside growing expectations for Fed interest rate hikes could weigh on BTC.

Shiba Inu Price Forecast: Faces downside risks as whale selling rises

Shiba Inu Price Forecast: Faces downside risks as whale selling rises

Shiba Inu (SHIB) trades around $0.00000516 on Wednesday following a rebound of nearly 4% earlier this week. Despite the price recovery, Santiment data shows certain whales offloading SHIB tokens.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.