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Cryptocurrencies price prediction: XRP, Bittensor & Cryptos – American Wrap 23 June

Cryptocurrencies price prediction: XRP, Bittensor & Cryptos – American Wrap 23 June
FXStreet TeamFXStreet TeamFXStreet

Bittensor and Near Protocol Outlook: AI-linked tokens face deeper sell-off

The cryptocurrency market trades amid increasing sell-side pressure on Tuesday, reflecting a broader deterioration in sentiment and appetite for risk assets. Artificial Intelligence (AI)-linked tokens such as Bittensor (TAO) and Near Protocol (NEAR) exhibit both fundamental and technical weaknesses, trading at $217 and $1.99, respectively.

XRP clings to fragile support as bearish technicals cap ETF‑driven demand

Ripple (XRP) upholds a broader bearish outlook, trending down at $1.10 at the time of writing on Tuesday. The remittance token failed to sustain an early-week rebound on Monday, with the headwinds primarily attributed to geopolitical uncertainty amid mixed signals from the United States (US) and Iran following the first round of peace negotiations in Switzerland.

Crypto Today: Bitcoin, Ethereum, XRP slide as capital outflows persist

The cryptocurrency market is experiencing broad-based declines on Tuesday, as Bitcoin (BTC) retests support at $62,000, Ethereum (ETH) extends losses toward $1,600, and Ripple (XRP) remains anchored near the key $1.10 demand zone.

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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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