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Cryptocurrencies Price Prediction: Ripple, DASH & Crypto – European Wrap 20 May

Cryptocurrencies Price Prediction: Ripple, DASH & Crypto – European Wrap 20 May
FXStreet TeamFXStreet TeamFXStreet

Ripple Price Forecast: XRP targets $1.40 on rising capital inflows

Ripple (XRP) rises above $1.37 at the time of writing on Wednesday, after testing a short-term support at $1.35. The rebound follows a rejection XRP suffered at $1.50 in mid-May, triggered largely by macroeconomic uncertainty surrounding rising United States (US) inflation and geopolitical tensions in the Middle East.

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Dash Price Forecast: Dash rally builds on regulatory scrutiny and Zcash integration hopes

Dash (DASH) is up 12% on Wednesday, extending Monday’s 5% gain toward the $50 milestone. Retail interest is growing, driven by regulatory concerns over the upcoming Digital Assets Market Clarity Act (CLARITY) and the Zcash Orchard Shielded Pool integration, which enhances infrastructure flexibility. 

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Crypto Today: Bitcoin, Ethereum, XRP test rebound strength as focus shifts to Fed minutes 

Bitcoin (BTC) preserves its $77,000 support following the recent drawdown from its May peak around $82,500. The broader cryptocurrency market, including altcoins such as Ethereum (ETH) and Ripple (XRP), shows subtle signs of recovery, with ETH steadily above $2,100 and XRP rebounding from support at $1.35.

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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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Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Bitcoin extends gains above $80,000 as broader market risk-on sentiment persists. The scarce asset could extend its rally as the US Treasury combats high yields in the long-dated bond market, with further interventions on the horizon. Aerodrome Finance and Virtuals Protocol emerged as top performers over the last 24 hours.

Ripple and Stellar outlook: Key breakouts could fuel the next rally

Ripple and Stellar outlook: Key breakouts could fuel the next rally

Ripple and Stellar are showing signs of renewed strength after rallying over 53% and 27% in the previous week. Meanwhile, both altcoins are approaching key technical levels on Tuesday that could determine their next move. However, mixed on-chain signals with a slight bearish tilt suggest traders remain cautious amid the recent price gains.

Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gains

Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gains

Ethereum treasury company BitMine Immersion Technologies expanded its digital asset holdings last week with another round of acquisitions. The firm purchased 32,447 ETH during the week, lifting its holdings to 5.847 million ETH. That represents its largest purchase since the first week of July.

Strategy raises $2B, pauses Bitcoin purchases

Strategy raises $2B, pauses Bitcoin purchases

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Bitcoin: The US Treasury saves BTC

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.