|

Cryptocurrencies Price Prediction: Litecoin, Bitcoin & Ripple – Asian Wrap 07 March

Litecoin price tumbles below $100 as XRP and ADA take center stage for White House Summit

Litecoin price dipped below the $100 mark on Thursday, losing 22% in the past week as markets reacted to updates to US trade tariffs and speculation surrounding White House Crypto Summit to be held on Friday. With LTC traders mounting additional short leverage positions, LTC faces further downside risks.

Bitcoin News Today: President Trump confirms new BTC policy, Sacks blames Democrats for 195,000 BTC sell-off

Bitcoin price dipped 5% to hit $85,000 on Monday, as skittish sentiment around US Trade policy and Non-Farm Payrolls data introduced fresh volatility ahead of the White House Crypto Summit. However, a recent Bitcoin Strategic reserve announcement from Trump's Crypto Czar David Sacks could spark more gains. 

XRP holds steady above $2.55 despite investors taking realized profits to $2 billion

Ripple's XRP managed to record gains on Thursday despite investors expanding their total realized profits to about $2 billion since the beginning of the week. Several XRP investors resumed distributing their holdings following its recent rise. Investors booked over $700 million in profits on Wednesday, stretching the total realized profits since the beginning of the week to nearly $2 billion.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple slips as liquidity improves, ETF inflows return

Ripple (XRP) is losing strength, trading below $1.40 on Tuesday. Although minor, the correction comes after a sharp move toward $1.50 the previous day and aligns with a lethargic outlook in the broader crypto market.

Top Altcoins Price Forecast: Ripple, Cardano, Hyperliquid – Easing bullish momentum sparks downside risks

Top altcoins, including Ripple, Cardano, and Hyperliquid, are trading in the red on Tuesday, with roughly 2% losses so far. The altcoins are facing downside pressure ahead of the CLARITY Act cloture vote scheduled for Tuesday.

Crypto Today: Bitcoin, Ethereum and XRP stall ahead of key CLARITY Act vote

Cryptocurrency prices are under pressure on Tuesday, with Bitcoin retreating below $77,000. This pullback comes on the heels of last week's failed breakout and is echoed across major altcoins, as Ethereum and Ripple both slip below key psychological levels at $2,500 and $1.40, respectively.

Bitcoin remains range-bound as liquidation risks build

Bitcoin faces mild pressure, trading below $77,000 at the time of writing on Tuesday following a recovery the previous day. Institutional demand shows early signs of return with spot Exchange Traded Funds recording an inflow on Monday, snapping a four-day outflow streak.

Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.