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Cryptocurrencies Price Prediction: Litecoin, Dogecoin & Pepe — Asian Wrap 25 July

Cryptocurrencies Price Prediction: Litecoin, Dogecoin & Pepe — Asian Wrap 25 July
FXStreet TeamFXStreet TeamFXStreet

Litecoin halving countdown closes in, not long now before LTC melts faces

Litecoin (LTC)  price is on a downtrend, extending the losses that began in early July as the countdown to the LTC halving continues. As it is a big event in the Litecoin ecosystem and the crypto playing field,  investors are watching closely for the event's impact on the asset's price.

Elon Musk rebranding Twitter as “X” could trigger a 110% rally in Dogecoin price

Elon Musk has been just as big of an influence on Dogecoin price as he has been in the space race. From crashes to skyrocketing rallies, he has had a hand in them all, and his most recent move might become another example of the same.

Pepe price closes below the 50-day MA, triggers selling spree despite hype around Dogecoin

Pepe (PEPE) price has extended its downtrend, breaking below crucial support to retest the late June lows. The performance is unorthodox, given that it is the poorest performer among meme coins, despite being the best performer barely a month ago.

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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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XRP holds bearish bias despite spot ETF inflows

XRP holds bearish bias despite spot ETF inflows

Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows

The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
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The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin Weekly Forecast: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.