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Cryptocurrencies Price Prediction: Ripple, DRAM & Crypto – European Wrap 3 June

FXStreet Team FXStreet

XRP ticks up as risk-off mood, weak ETF demand cap recovery

Ripple (XRP) rebounds above $1.23 from support at $1.20 at the time of writing on Wednesday, as the broader cryptocurrency market pares losses triggered by escalating tensions in the Middle East.

Appetite for risk assets remains generally low as the United States (US) and Iran exchange fire amid a fragile ceasefire and peace negotiations. Despite US President Donald Trump stating that peace talks with Iran are progressing as usual, reports broadly suggest that Iranian negotiators had stopped communication in protest at Israel’s offensive in Lebanon.

DRAM trade: Memory is the bottleneck. This ETF is the opportunity

Something unusual happened in April. And no, I'm not talking about FC Barcelona's latest Champions League disappointment.

I'm talking about something far more unexpected.

Roundhill launched an ETF called DRAM — built entirely around memory chip companies.

“Roundhill believes that computer memory and storage represents a secular growth story tied to the multi-decade buildout of AI infrastructure. The Roundhill Memory ETF (“DRAM”) seeks to offer exposure to a precise basket of global memory chip companies. DRAM is the first-ever memory stock ETF,” the official page says.

Crypto Today: Bitcoin, Ethereum pare losses as XRP rebounds amid escalating tensions in the Middle East

The cryptocurrency market remains largely under pressure on Wednesday amid escalating tensions in the Middle East. After plunging from its May high of $82,823, Bitcoin (BTC) is showing signs of stabilization, consolidating above the key $67,000 support level. At the same time, Ethereum (ETH) remains resilient above $1,800, while Ripple (XRP) stages a recovery near $1.24.

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FXStreet Team

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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.

Bitcoin eyes 50-day EMA breakout, Ethereum consolidates, XRP steadies

Bitcoin, Ethereum, and Ripple trade near key technical levels on Friday as the broader cryptocurrency market pauses following last week's recovery. BTC is approaching the 50-day Exponential Moving Average while ETH continues to consolidate between two major EMAs.

Uniswap lead gains, Cardano and NEAR risk rejection at EMAs resistance

Top altcoins Uniswap, Cardano and Near Protocol all saw gains on Thursday after a slight recovery across the crypto market. UNI rallied over 10% on Thursday, reaching a six-month high after unveiling Launches, a new feature in its Web App that aggregates tokens across launchpads that leverages the decentralized exchange as their trading infrastructure.

Aave to sunset Sonic, Aptos, zkSync, Scroll reserves, affecting $98 million in supply

Aave is planning to sunset 75 low-activity reserves across its decentralized finance protocol as part of a broader effort to reduce operational, technical and economic risks across its network of deployments.

Strategy, Coinbase post weak Q2 earnings amid prediction market growth for the exchange

Strategy reported an $8.33 billion operating loss in the second quarter of 2026, according to its earnings report released Thursday. The losses were largely driven by an $8.32 billion unrealized loss on its Bitcoin holdings as the top crypto's price declined during the period. The company also reported an $8.22 billion net loss for the quarter, or $24.45 per diluted share.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.