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Cryptocurrencies Price Prediction: Ethereum, Ripple& Bitcoin – American Wrap 16 July

Cryptocurrencies Price Prediction: Ethereum, Ripple& Bitcoin – American Wrap 16 July
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: An inverted BTC reveals price intentions

Bitcoin price remains the guidepost for cryptocurrency market interpretations and forecasts. Still, there may be some clarity emerging about BTC intentions and, as a result, the direction of all altcoins, including Ethereum and Ripple.

Bank of America joins the Bitcoin craze by offering BTC futures trading

Bank of America has approved Bitcoin futures trading for select clients. The US bank initially had a conservative approach, now plans to use Chicago Mercantile Exchange (CME) futures based on sources. Investment banks are reportedly offering crypto products as an investment to clients as Goldman Sachs relaunches its crypto trading desk. More banking institutions are embracing Bitcoin. Based on anonymous sources, Bank of America is ready to offer BTC futures trading to its clients. 

Ethereum short sellers are looking to profit at $1,700

Ethereum price cannot escape from the global rout currently present throughout the cryptocurrency sector, a few exceptions notwithstanding. Short sellers are still searching for areas where they can take profits, and buyers continue prospecting for the best entries to long ETH.

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