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Cryptocurrencies price prediction: XRP, BTC & Crypto Market - American Wrap - 17 06

Ripple Price Prediction: XRP price recovery at risk as active addresses plunge

Ripple (XRP) remains highly vulnerable to downside risks as the broader cryptocurrency market generally consolidates. The downturn from XRP’s recent peak of $2.34 coincides with a sharp decline in the network’s activity, particularly in the number of active addresses, which plummeted 84% to 100,000 in under three days.
Meanwhile, global markets remain on the edge amid geopolitical tensions in the Middle East, particularly the conflict between Israel and Iran.

Coinbase seeks US SEC approval to offer blockchain-based stock trading

Coinbase Global (COIN) is seeking approval from the United States (US) Securities and Exchange Commission (SEC) to offer tokenized equities to its customers, according to a Reuters report, citing Paul Grewal, the company's chief legal officer (CLO).

Bitcoin Price Forecast: BTC falls slightly as Trump calls security advisors to deal with Iran-Israel war

Bitcoin (BTC) price falls to around $106,000 at the time of writing on Tuesday following a mild recovery the previous day. The decline comes as investors continue to digest the escalation of the Iran-Israel conflict and after US President Donald Trump highlighted concerns and asked his security advisors to meet in the situation room. While institutional interest in Bitcoin remains robust, any further escalation in the Middle East could impact global risk assets.

BTC/USDT daily chart

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