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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & XRP – American Wrap 10 July

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & XRP – American Wrap 10 July
FXStreet TeamFXStreet TeamFXStreet

This is how investors are preparing ahead of Ethereum ETF launch

Ethereum is up 2.3% on Wednesday as investors continue buying the dip in hopes of a rally following the launch of spot ETH ETFs. However, other key metrics like break-even prices and Golem sales provide a deeper understanding of what to expect as the launch draws nearer. 
ETH New Accumulating Adresses Balance
Commodity Futures Trading Commission (CFTC) Chair Rostin Behnam spoke at the Senate Committee hearing, stating that 70 to 80% of cryptocurrencies are not securities. 
 
Ripple (XRP) traders are awaiting the final ruling in the US Securities and Exchange Commission (SEC) lawsuit against the payment remittance firm. A pro-crypto attorney, Fred Rispoli, informed market participants that a ruling is likely by July 31 2024, through a tweet on X. 
XRP
 

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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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