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Cryptocurrencies Price Prediction: Cronos, Ripple & Bitcoin – American Wrap 26 August

Cryptocurrencies Price Prediction: Cronos, Ripple & Bitcoin – American Wrap 26 August
FXStreet TeamFXStreet TeamFXStreet

Cronos surges 30% as Trump Media partners with Crypto.com to launch $6 billion treasury company

Cronos (CRO) is up 32% on Tuesday after Yorkville Acquisition, Trump Media and Technology Group (DJT), and Crypto.com revealed a business combination to launch a CRO treasury company with up to $6 billion in initial funding.

XRP whales buy the dip ahead of $3 breakout

Ripple (XRP) is edging higher above support at $2.90 on Tuesday following a widespread sell-off in the broader crypto market, which saw Bitcoin (BTC) reach an intraday low of $108,666. 

BTC/USD outlook: Holding below daily cloud base to keep bears in play for further weakness

BTCUSD is consolidating after a sharp fall in past three days (down over 6%), mainly driven by strong institutional selling.

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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 grinds lower despite Ripple securing final OCC approval for National Trust Bank

XRP grinds lower despite Ripple securing final OCC approval for National Trust Bank

Ripple is rising above $1.30 on Tuesday, while still largely constrained by technical hurdles. The token is down roughly 16% from its October high of $1.56, and 21% from the September peak of $1.66, reflecting weeks of persistent headwinds and risk-off sentiment.

Crypto Today: Bitcoin, Ethereum and XRP on edge as sell-side pressure intensifies

Crypto Today: Bitcoin, Ethereum and XRP on edge as sell-side pressure intensifies

Cryptocurrency prices are broadly correcting on Tuesday, led by Bitcoin edging lower below the pivotal $80,000 level. Ethereum mirrors Bitcoin’s neutral-to-bearish outlook, while Ripple hovers around $1.30.

Top Altcoins Price Forecast: Ripple, Cardano, Solana extend losses amid persistent selling pressure

Top Altcoins Price Forecast: Ripple, Cardano, Solana extend losses amid persistent selling pressure

Top altcoins, including Ripple, Cardano, and Solana, face intense selling pressure, extending losses from the previous week. XRP tests the $1.2941 support floor, while ADA risks deeper losses and SOL struggles near the $100 mark.

Bitcoin consolidates below $80,000 as Middle East tensions, tech earnings loom

Bitcoin consolidates below $80,000 as Middle East tensions, tech earnings loom

Bitcoin trades below $80,000 on Tuesday, failing to close above the 50-day EMA near $80,765 the previous day. Spot BTC ETFs recorded modest inflows of $110.34 million on Monday, while Strategy made no BTC purchases last week and Strive added 6,182 BTC.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.