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Cryptocurrencies Price Prediction: Ripple, Bitcoin & Jupiter — Asian Wrap 28 January

Cryptocurrencies Price Prediction: Ripple, Bitcoin & Jupiter — Asian Wrap 28 January
FXStreet TeamFXStreet TeamFXStreet

XRP briefly slips below $3 despite Ripple's New York and Texas permits

XRP briefly slipped below $3.00 on Monday following Ripple's announcement that it has obtained Money Transmitter Licenses (MTLs) in New York and Texas, permitting customers in the region to enjoy its services.

Why China's DeepSeek is causing Bitcoin and crypto market to plunge

Bitcoin (BTC) slipped below $100,000 on Monday as China-based artificial intelligence (AI) model DeepSeek began gaining popularity across the US market, overtaking OpenAI's ChatGPT. DeepSeek's impact also led to rapid declines in the stock market with NASDAQ — spearheaded by Nvidia — diving more than 3%.

Jupiter Price Forecast: JUP remains firm despite market correction

Jupiter’s (JUP) price extends its gains, trading around $1.23 and rallying nearly 10% on Tuesday after a 7% rise the previous day. The recent JUP buyback and 3 billion token burn announcement was revealed in its Catstanbul event, further supporting JUP’s bullish outlook. Moreover, its on-chain metrics also paint a bullish picture as JUP’s open interest, trading volume, and Total Value Locked (TVL) are rising.

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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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