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Cryptocurrencies price prediction: XRP, Ethereum & Bitcoin - American Wrap - 02 October

Cryptocurrencies price prediction: XRP, Ethereum & Bitcoin - American Wrap - 02 October
FXStreet TeamFXStreet TeamFXStreet

Ethereum dives over 4% as Middle East war tension sparks caution among investors

Ethereum (ETH) is trading below the $2,595 support level on Tuesday as investors are becoming more cautious following heightened war tensions in the Middle East.

Ethereum Exchange Reserve

XRP loses 2% even as Ripple secures Dubai license

Ripple (XRP) receives in-principle approval from Dubai’s Financial Services Authority. The payment remittance firm secured a financial services license, and this could bolster adoption of Ripple services in the United Arab Emirates, the Gulf nation that includes the emirate of Dubai. 

XRP trades at $0.6014 at the time of writing.

XRP

Are we in for a Bitcoin and crypto market Uptober? Let's observe the key factors

Bitcoin and the crypto market may rally in the coming days as “Uptober” is trending across several crypto community platforms on Tuesday. However, a few key market factors could alter or strengthen the bullish bias among investors.

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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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