|

Cryptocurrencies Price Prediction: XRP, Avalanche & Cryptos – American Wrap 31 July

XRP rallies to $0.65 amidst optimism of Ripple win in SEC lawsuit

Ripple (XRP) is making headlines for the anticipated final ruling in the Securities & Exchange Commission (SEC) lawsuit. The lawsuit and SEC’s stance on XRP has acted as an influential market mover for XRP since the beginning. 
XRP
DeFi token Avalanche (AVAX) is trading at $26.46 on Wednesday, as its partnership with the California DMV to digitize 42 million car titles with blockchain is expected to enhance efficiency and security. Billionaire investor Mark Cuban suggests this could significantly boost AVAX's growth and adoption while rising development activity and increased blockchain usage of on-chain data hint at potential rallies for AVAX in the coming days.
AVAX Development Activity chart

Bitcoin trades under $67,000 as traders expect volatility in response to the US macroeconomic events this week. BlackRock’s Bitcoin ETF (IBIT) noted $40 million less inflows compared to Ethereum (ETHA), on Tuesday. Institutional demand is likely shifting towards Ethereum.

KAS

Author

More from FXStreet Team
Share:

Editor's Picks

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

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.