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Cryptocurrencies Price Prediction: Ripple, Cryptos & Gold – American Wrap 17 October

FXStreet Team FXStreet

Ripple Price Forecast: XRP deepens correction, targeting $2 as sentiment dims

Ripple (XRP) is struggling to hold above a key support, trading at around $2.26 on Friday. The cross-border money remittance token has deepened its correction for four consecutive days amid a sticky bearish sentiment in the broader cryptocurrency market.

Japan’s banking giants MUFG, Sumitomo Mitsui and Mizuho to launch US Dollar-Yen-backed stablecoin

Three mega financial institutions in Japan, Mitsubishi UFJ (MUFG), Sumitomo Mitsui, and Mizuho, are reportedly planning to issue a stablecoin backed by fiat currencies, including the US Dollar (USD) and the Japanese Yen (JPY).

Gold tests key resistance level that could signal the next bullish phase

Gold, the world’s first-ever $30 trillion asset, has exceeded expectations in 2025, rising more than 60% year-to-date to trading at approximately $4,340 per ounce.

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FXStreet

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.