Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 18 May
XRP extends bearish slide as risk-off mood persists
Ripple (XRP) remains pressured below $1.40 at the time of writing on Monday, reflecting a broader sell-off in the crypto market. Attempts to break the $1.50 supply level failed last week as investors reacted to rising inflation in the United States (US) and the persistent conflict in the Middle East.
Bitcoin falls below $77K as surging global bond yields trigger risk-off
Bitcoin is extending losses at the start of the week, falling below 77k as rising US and Japanese bond yields spark a broader risk-off move across global financial markets.
The Clarity Act: Finally, a path out of the SEC enforcement chaos
Operating a crypto-related business in the United States over the past decade has felt a lot less like being in a fast-paced technology environment and more like stepping on eggshells, with a series of hits and misses with regulatory authorities. Luckily, that is about to change with the Clarity Act.
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