Cryptocurrencies Price Prediction: Ripple, Hyperliquid & Bitcoin – American Wrap 27 August

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Ripple Price Forecast: XRP holds $3.00 as bullish divergence signals 12% upside

Ripple (XRP) offers short-term recovery signals on Wednesday after reclaiming support at $3.00. Backing the reversal in the cross-border money remittance token is, among other factors, renewed interest in the derivatives market, growing retail demand and a significant decrease in XRP exchange reserves.

Hyperliquid Price Forecast: HYPE holds near record high as retail demand steadies

Hyperliquid (HYPE) price remains near the token's record high of $51.50, reached on Wednesday, supported by growing retail interest and speculative demand. Up over 2%, HYPE exchanges hands in a narrow range of $49.00 to $50.00 at the time of writing.

Bitcoin treasuries near $100 billion mark as Japan’s Metaplanet plans $880 million investment

Metaplanet, one of the largest corporate holders of Bitcoin (BTC), plans to raise additional funds to purchase BTC for its steadily growing treasury. The company announced in a press release on Wednesday that the purchase is expected to take place between September and October.

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XRP approaches key support as risk-off sentiment deepens

Ripple (XRP) is trading at $1.06 on Monday, maintaining its position within a broader bearish trend. The token’s technical outlook continues to deteriorate, pressured by declining retail participation. Appetite for risk assets remains lethargic, as reflected in the Fear & Greed Index, which is embedded in the Fear territory at 28.

Crypto Today: Bitcoin, Ethereum, XRP extend decline amid renewed risk-averse sentiment

The cryptocurrency market remains weak on Monday, with Bitcoin (BTC) falling toward the nearest $62,000. Ethereum (ETH) and Ripple (XRP) reflect the sell-off across altcoins, edging lower toward $1,800 and $1.05, respectively. Risk appetite remains subdued, as the Fear & Greed Index holds steady at 28, deep within Fear territory.

The Bitcoin futures yield collapse: Once over 20%, now less than Treasury notes

Once a goldmine for carry traders, Bitcoin futures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February. Carry trades consistently yielded 20% or more across regulated and unregulated crypto exchanges during the 2021 bull market. The strategy involved shorting Bitcoin futures while simultaneously buying a spot exchange-traded fund (ETF).

The crypto market is moving in the opposite direction to equities

The crypto market’s market capitalisation has fallen by 1% over the past 24 hours, returning to levels last seen in mid-July. The positive momentum the market showed in the first half of last week failed to take hold. Once again, we are seeing a negative correlation with the Nasdaq 100 index, this time in the form of falling cryptocurrencies while shares rise. Could this be becoming the new norm?

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.