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Cryptocurrencies Price Prediction: Ripple, Bitcoin & Cryptos – American Wrap 18 July

Cryptocurrencies Price Prediction: Ripple, Bitcoin & Cryptos – American Wrap 18 July
FXStreet TeamFXStreet TeamFXStreet

XRP price strikes new all-time high as CEO Brad Garlinghouse hails GENIUS Act passage

Ripple (XRP) surged aggressively to a new all-time high of $3.66 before pulling back slightly to $3.44 on Friday. Investors increased their exposure to the cross-border money remittance token, following the passage of three crypto bills in the United States (US) House of Representatives on Thursday.

Bitcoin outlook: Repeated failures at 120K barrier warn of further sideways action

BTCUSD continues to trade in the sideways mode for the seventh straight day, with repeated failures to register close above psychological 120K level indicating that larger bulls might be losing traction after last Monday’s short-lived spike to new all-time high above 123K.

Crypto market surges past $4 trillion following US Congress passes GENIUS Act regulating stablecoins

On Friday, Bitcoin remained volatile while altcoins surged following a significant regulatory victory for the crypto industry in the U.S., coupled with reports that 401(k) plans may soon start allowing crypto investments.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

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