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Cryptocurrencies Price Prediction: Ripple, Optimism & Cryptos – American Wrap 30 July

Cryptocurrencies Price Prediction: Ripple, Optimism & Cryptos – American Wrap 30 July
FXStreet TeamFXStreet TeamFXStreet

Ripple traders hope for win in SEC lawsuit as regulator backs down on security status of SOL, ADA, MATIC

Ripple (XRP) traders expect the lawsuit brought by the Securities & Exchange Commission (SEC) to end this week. A pro-crypto attorney, Fred Rispoli, had predicted the end of SEC vs. Ripple lawsuit by July 2024.
Ripple
Optimism (OP), an Ethereum scaling solution has generated 14,300 Ether worth nearly $45 million. The Optimism Collective has generated the revenue from sequencer fees or the fees generated when a transaction is executed on the chain. 
OP

Bitcoin trades close to $70,000 early on Tuesday. The sentiment among traders is bullish per IntoTheBlock data. Over 80% of wallet addresses holding Bitcoin are profitable at the current price level, raising concerns of “selling pressure” on the asset. 

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