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Cryptocurrencies Price Prediction: Ethereum, Ripple & Cryptos – American Wrap 16 September

Cryptocurrencies Price Prediction: Ethereum, Ripple & Cryptos – American Wrap 16 September
FXStreet TeamFXStreet TeamFXStreet

Ethereum dives 4% following ongoing Foundation sales and ETF outflows

Ethereum (ETH) is down 4% on Monday following another round of sales by the ETH Foundation, totaling 100 ETH. Meanwhile, Layer 2 networks are experiencing record highs in network activity despite the price decline.
ETH Layer 2 Weekly Active Addresses
Ripple (XRP) made a key announcement alongside other founding members of a crypto alliance. The DLT Science Foundation is behind the effort, Ripple partnered with Hedera and Aptos Labs. 
XRP

Crypto Today: Bitcoin, Ethereum dip slightly, XRP flat on Monday as dormant Ether whale is back in action

Bitcoin trades at around $58,500 at the time of writing. BTC has slightly corrected since the weekend after being unable to hold the key physiological $60,000 level. It is likely that traders have changed their approach to risk assets ahead of the important US macroeconomic developments this week.

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