Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 24 February
Ripple’s DeFi shift in focus: Navigating XRPL EVM sidechain growth, XRPFi migration and liquidity
Ripple (XRP) has continued to trade under pressure, extending its decline by approximately 63% from the record high of $3.66 in July. The remittance token is trading above support at $1.35, while its upside appears limited by key supply zones, starting with $1.40, at the time of writing on Tuesday.
Weak ETF flows and retail demand weigh on XRP
Ripple (XRP) is edging lower, trading above its intraday low of $1.32 at the time of writing on Tuesday. The decline from its weekly opening of $1.39 reflects heightened volatility in the broader cryptocurrency market, accentuated by tariff-triggered uncertainty.
Bitcoin nears 60K as tech selloff and tariff risks weigh – Is more downside ahead?
Bitcoin is extending losses, falling to 63k, a two-week low at the time of writing. The largest cryptocurrency trades 4.7% lower over the past 24 hours, around 7% lower over the week, and is down more than 19% in February. This puts Bitcoin on track for its worst monthly performance since June 2022, a year marked by a series of high-profile industry collapses.
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