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Cryptocurrencies Price Prediction: Sei, XRP & Bitcoin – American Wrap 24 June

Cryptocurrencies Price Prediction: Sei, XRP & Bitcoin – American Wrap 24 June
FXStreet TeamFXStreet TeamFXStreet

Sei extends rally as investors shift to altcoins with robust chains and use cases

Sei (SEI) leads recovery among the top 100 cryptocurrencies, with intraday gains exceeding 13% while trading at around $0.27 at the time of writing on Tuesday. 

XRP price bullish potential persists on robust derivatives market

Ripple (XRP) upholds a bullish outlook on Tuesday after extending Monday’s recovery from $1.90 support, reached on Sunday, to trade at around $2.17 on Tuesday. A breakout to $2.50 seems highly likely if the sentiment backed recovery extends amid easing geopolitical tensions after Israel and Iran signed a ceasefire agreement.

Japan mulls lifting Bitcoin ETF ban, slashing taxes on crypto gains

The Japanese government is considering significant changes to its current cryptocurrency guidelines, according to a proposal published by the Financial Services Agency (FSA) on Tuesday. 

 

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