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

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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Ripple bulls gather recovery momentum amid returning ETF inflows

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Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.
Cryptocurrencies price prediction: XRP, BNB & Cryptos – American Wrap 08 July