Cryptocurrencies Price Prediction: Ripple, Bitcoin & Crypto – European Wrap 7 July
XRP slides as retail demand cools, shrugs off Ripple's MiCA license approval
Ripple (XRP) edges lower while trading around $1.13 at the time of writing on Tuesday. The remittance token upholds a broader bearish bias, attributed to softening retail interest and the lack of strong catalysts to prevent rallies from being sold as investors appear to prefer short-term gains.
Bitcoin Price Forecast: BTC struggles despite renewed ETF inflows as Strategy sale impact fades
Bitcoin (BTC) falls below $64,000 on Tuesday, erasing part of the recent gains following six consecutive days of price rises. Institutional demand shows signs of recovery, with spot ETFs recording a second day of inflows through Monday after weeks of outflows. Reports suggest that Monday's headline about Strategy’s recent Bitcoin sale had only a short-lived impact on prices, highlighting the Crypto King’s resilience and deep liquidity.
Crypto Today: Bitcoin, Ethereum, XRP struggle to build momentum despite returning ETF inflows
The cryptocurrency market continues to struggle with dominant headwinds, with Bitcoin (BTC) hovering around the short-term $63,000 support, Ethereum (ETH) holding below $1,800 and Ripple (XRP) testing the demand area at $1.13.
Although the crypto Fear & Greed Index edged up to 27 on Tuesday from 24 the day before, sentiment remains firmly entrenched in Fear territory.
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