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

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

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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