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Cryptocurrencies price prediction: XRP, BNB & Cryptos – American Wrap 08 July

Cryptocurrencies price prediction: XRP, BNB & Cryptos – American Wrap 08 July
FXStreet TeamFXStreet TeamFXStreet

BNB Chain unveils plan to build new Layer-1 protocol

BNB Chain is building a new Layer-1 blockchain to support various use cases beyond existing ones, including trading systems powered by Artificial Intelligence (AI).

XRP extends decline as muted on-chain activity, bearish technicals weigh

Ripple (XRP) continues to trade under heavy selling, trading below $1.10 at the time of writing on Wednesday. The remittance token marks four consecutive days of declines,  weighed down by geopolitical tensions and significantly low risk appetite.

Crypto Today: Bitcoin, Ethereum, XRP extend technical weakness amid escalating tensions in the Middle East

Cryptocurrencies are broadly extending declines on Wednesday, after last week’s recovery. The sell-off has seen Bitcoin (BTC) slide below $62,000, increasing downside risks toward the next key support at $60,000.

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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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Ripple and Stellar outlook: Key breakouts could fuel the next rally

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Bitcoin: The US Treasury saves BTC

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