Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin – American Wrap 13 April

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Altcoins have a window to explode as big crypto stabilizes

Bitcoin price shows a consolidation pattern, which indicates that an upswing is on its way. Ethereum and Ripple are both showing optimistic outlooks that indicate gains in the next few days.

XRP price targets $1 after big win in SEC vs Ripple lawsuit

Payment giant Ripple is closer to a win in the SEC vs. Ripple case as Judge Sarah Netburn denies the SEC’s request to keep certain documents privileged. Ripple’s lawyers have access to former SEC director William Hinman’s speech and the document is no longer classified as privileged.

Bitcoin price rebounds after Terra’s LUNA Foundation Guard buys over $100 million in BTC

Bitcoin price has historically increased with rising inflation, as the Consumer Price Index hit its highest point since 1981, BTC started its recovery. LFG’s consistent Bitcoin purchase has fueled a rally in the asset.

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XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

Ripple and Stellar show mild signs of recovery on Thursday after extending losses earlier this week. XRP is holding above the $1.10 level as bearish momentum begins to fade, while XLM has bounced modestly from a key support zone.

Crypto Overview: Bitcoin consolidates above $60,000 – CRV, WLFI, XMR lead gains

The broader cryptocurrency market maintains risk-off sentiment as Bitcoin lingers above $62,000. The mild recovery in BTC fails to lift the Fear and Greed Index, which at 15 continues to signal extreme fear among investors. Still certain altcoins, Curve DAO, World Liberty Financial, and Monero, have emerged as top performers over the last 24 hours.

Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

Bitcoin's recent decline toward the $60,000 level has pushed the market further into bearish territory, with new investors suffering huge unrealized losses, according to a Glassnode report on Wednesday. The firm noted that Bitcoin's earlier May rally now appears increasingly as a "bear bounce".

CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets

The Commodity Futures Trading Commission (CFTC) on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts. The proposed framework targets contracts linked to terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.