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Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 11 November

Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 11 November
FXStreet TeamFXStreet TeamFXStreet

Bitcoin holds steady as CoreWeave earnings revive AI outlook, Anthropic said to raise IPO valuation

CoreWeave’s (CRWV) third-quarter results offered relief to the battered AI trade, sending its shares up 10% in Wednesday’s premarket trading, while Bitcoin and gold were little changed.

Ripple Price Forecast: XRP correction pauses, but recovery prospects remain limited

Ripple (XRP) trades around $1.06 on Wednesday, as its correction takes a breather, reflecting the broader cryptocurrency market calm after the storm sentiment. The remittance token sits above a solid support range from $0.94 to the current market price, while its upside is largely capped by structural hurdles, including major moving averages.

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Cryptocurrency prices are broadly consolidating near key lower support levels on Wednesday, led by Bitcoin (BTC), hovering around $74,000. Ethereum (ETH), the largest smart contract token, sits above $2,000 while its upside remains structurally capped. Ripple (XRP), meanwhile, holds delicately above $1.00, with the path of least resistance largely downward.

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Ripple correction pauses, but recovery prospects remain limited

Ripple correction pauses, but recovery prospects remain limited

XRP hovers above the critical $1.00 support level but faces diminishing recovery potential. Binance XRP futures Open Interest falls to $189 million, the lowest level in three months.

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Crypto Today: Bitcoin, Ethereum and XRP struggle to find footing amid spot ETF outflows

Cryptocurrency prices are broadly consolidating near key lower support levels on Wednesday, led by Bitcoin, hovering around $74,000. Ethereum sits above $2,000 while its upside remains structurally capped. Ripple, meanwhile, holds delicately above $1.00.

Bitcoin at risk of sharp moves as leverage builds in derivatives markets

Bitcoin at risk of sharp moves as leverage builds in derivatives markets

Bitcoin remains in a capped tone, trading around $73,800 on Wednesday after slipping to a low of $72,727 following the previous day’s hot US inflation figures. Institutional demand continues to weaken, with BTC spot ETFs recording a $95 million outflow on Tuesday, marking the fourth straight day of withdrawals.

Chainlink holds at $10 as Moody’s Ratings completes CCIP testnet pilot

Chainlink holds at $10 as Moody’s Ratings completes CCIP testnet pilot

Chainlink edges higher on Wednesday, taking a breather after the previous day’s 3% decline. Moody’s Rating completes the testnet pilot on Chainlink’s CCIP to distribute credit assessment data across multiple blockchain networks simultaneously.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.