Cryptocurrencies Price Prediction: Ripple, Bitcoin & Cryptos — Asian Wrap July 29

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Ripple update: What to expect from XRP and Ripple lawsuit this week

Ripple (XRP) extended gains by nearly 2% early on Sunday. XRP sustained above the psychological price level of $0.60 amidst the optimism of Donald Trump’s speech at the Bitcoin conference, and BTC’s recent gains.

Bitcoin inches closer to $70,000 as Donald Trump says SEC Chair Gary Gensler will be fired

Bitcoin rally on Saturday was likely catalyzed by Donald Trump’s pro-crypto and pro-Bitcoin promises at the Nashville conference. The US Presidential candidate promised a strategic national stockpile of Bitcoin if elected.

Crypto weekly flashback and best trades for the week

Meme coins showed mixed results in the past week. Dogecoin (DOGE), Shiba Inu (SHIB) and Pepe (PEPE) started their recovery early on Sunday while Dogwifhat (WIF) and Bonk (BONK) extend losses. Coingecko data shows the state of the top 5 meme coins ranked by market capitalization.

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Ethereum Price Forecast: Long-term holders' capitulation drives ETH below $1,800

Ethereum has fallen below $1,800 on Wednesday, the first time since May 2025 following accelerated spot selling pressure and distributions from long-term holders.

XRP and XLM outlook: Bearish streak extends as risk-off mood erodes retail demand, ETF flows

Ripple and Stellar prices face intense selling pressure, extending losses on Thursday for the fourth consecutive day this week. Cross-border remittance tokens are losing retail sentiment, while XRP faces additional pressure from Exchange-Traded Fund outflows.

Bitcoin drops below $65K amid reinforced bear market signals

Bitcoin dipped further below $65,000 with onchain data from Glassnode signaling a market firmly in a bear phase. The decline has pushed prices back into a key valuation range between the Realized Price and the True Market Mean.

Grayscale launches Hyperliquid staking ETF, undercutting rival fees

Grayscale announced the launch of its Hyperliquid Staking ETF (HYPG) on Wednesday, now trading on Nasdaq. The fund offers investors direct exposure to HYPE and incorporates staking rewards, which the company claims have historically ranged from 2.2% to 2.3% annually.

Billions in ETF outflows don’t bode well

Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.

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