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Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 30 July

Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 30 July
FXStreet TeamFXStreet TeamFXStreet

Crypto Market Overview: Bitcoin builds momentum alongside ONDO and PUMP gains

The cryptocurrency market continues to build momentum on Thursday as selling pressure subsides. Bitcoin (BTC) has notched three straight days of gains and is currently trading above $64,000, with bulls eyeing a potential breakout above the immediate $65,000 resistance.

XRP extends short-term advance as whale and retail demand strengthen

Ripple (XRP) rises toward the pivotal $1.10 resistance on Thursday, marking three consecutive days of gains. This neutral-to-slightly bullish outlook follows the Federal Reserve (Fed) decision to leave interest rates unchanged in the 3.50%-3.75% range.

Bitcoin Price Forecast: BTC recovery pauses as hawkish Fed, US-Iran tensions weigh on sentiment

Bitcoin (BTC) steadies above a key support zone on Thursday, consolidating near $64,000 after a modest rebound earlier this week. Fresh inflows into BTC spot Exchange Traded Funds (ETFs) has provided some support. However, traders should be cautious as renewed inflation concerns, fueled by the Federal Reserve (Fed) hawkish tone and the escalating US-Iran conflict, continue to cap the Crypto King's upside momentum.

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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.

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