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Cryptocurrencies Price Prediction: Tokens, XRP & Bitcoin – American Wrap 09 October

FXStreet Team FXStreet

Fading Artificial Intelligence hype bears Microsoft and crypto tokens extensive losses

Artificial Intelligence (AI) hype originating from ChatGPT peaked in Q2 this year, which impelled multiple tech companies to enter the AI race, including the likes of Microsoft. Crypto tokens based on AI projects also enjoyed immense benefits initially, but at the moment, this bullishness is slowly vanishing.

XRP price dips as Ripple attorney forecasts only 32% chance of SEC settling the lawsuit

XRP price is inching closer to initiating a drawdown, with price indicators suggesting bearishness on the way. One of the biggest factors in triggering a move in the altcoin would now come from what the SEC decides to do next, given its recent appeal was denied, which Ripple attorney forecasts could be settling the case.

Bitcoin bumpy ride might be over soon as potential pre-halving rally nears

Bitcoin, the top cryptocurrency by market capitalization, is seeing a volatile 2023, with its monthly returns fluctuating from highs of 39.83% in January to lows of -11.53% in August, based on FXStreet calculations. Historical data suggests Bitcoin's cyclical nature with a strong Q4 ahead. So, if history is meant to repeat itself, investors can brace for a rally before the upcoming 2024 halving event scheduled for April.

Average quarterly Bitcoin returns between 2013 and 2023

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FXStreet

Ripple falters amid sell-off jitters and negative funding rates

Ripple (XRP) has come under pressure, drifting lower to $1.35 at the time of writing on Tuesday. The over 2% correction looks poised to erase the previous day’s gains, which lifted the remittance token to $1.42.

Bitcoin could risk $50,000 amid the US-Iran war, mirroring the Russia-Ukraine war losses

Bitcoin (BTC) remains at downside risk amid escalation in the Middle East war, as Iran retaliates against the US, Israel, and its neighbouring countries. Drawing parallels to the early days of the Russia-Ukraine war, Bitcoin could extend losses below $60,000.

Crypto Today: Bitcoin, Ethereum, XRP pull back as sentiment remains in extreme market fear

The cryptocurrency market is broadly in the red on Tuesday as the Middle East grapples with an escalating war. Bitcoin (BTC) is in a pullback, trading below $67,000 at the time of writing, and most altcoins follow suit.

Bitcoin slips below $67,000 as risk-aversion grows amid escalating US-Iran war

Bitcoin price slides 3% on Tuesday, nearly erasing the previous day's rebound. US-listed spot ETFs recorded an inflow of more than $450 million while Strategy added 3,015 BTC on Monday.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.