TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 12 August

Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 12 August
FXStreet TeamFXStreet TeamFXStreet

Gold vs Bitcoin Prediction: XAU eyes $4,500 breakout, BTC dips post US CPI data

Bitcoin (BTC) is extending its decline below $64,000 at the time of writing on Wednesday, as Gold (XAU/USD) maintains its breakout momentum, trading near $4,420. The varied price action follows the release of the United States (US) Consumer Price Index (CPI) report, which broadly met market expectations.

XRP bears eye break of fragile $1.00 support

Ripple (XRP) is trading within a broadly constrained technical structure, with support at $1.00 and key moving averages limiting its recovery potential. In August, the remittance token declined by approximately 6.5%, extending its total pullback to around 14% from July's $1.18 peak. A drop below the key short-term support would further undermine recovery prospects.

Top AI Coins Forecast: Bittensor, Near Protocol gain as Wintermute plans $1B AI bet

Wintermute, a London-based algorithmic trading company and liquidity provider, is planning to invest roughly $1 billion in high-frequency trading and Artificial Intelligence (AI) data centers over the next five years.

Author

FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

More from FXStreet Team
Share:

Editor's Picks

Ripple slips below $1.30 as sellers tighten grip

Ripple slips below $1.30 as sellers tighten grip

Ripple (XRP) hovers below $1.30 on Tuesday, held down by a weakening technical structure. The broader crypto market remains bearish ahead of the Federal Reserve’s (Fed) October 28 monetary decision.

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Bitcoin is trading above $81,000 on Tuesday, aligning with a lethargic tone in the broader cryptocurrency market. Altcoins, including Ethereum and Ripple, reflect Bitcoin’s lock-step price action, trading below $2,400 and $1.30, respectively.

Pi Network extends losses as social interest declines

Pi Network extends losses as social interest declines

Pi Network (PI) is down nearly 2% on Tuesday, extending the previous day’s losses and risking an extended decline toward its record low of $0.0704. PI token’s social dominance score is down to a six-month low, suggesting reduced social interest.

NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

NEAR Protocol (NEAR) price is down nearly 2% on Tuesday, mirroring its 2% decline from the previous day. Institutional demand remains firm, with Bitwise’s NEAR-focused Exchange Traded Fund (ETF) recording over $5 million in inflows on Monday.

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.