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

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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XRP stuck in tight range as whale demand, on-chain activity strengthen
Ripple (XRP) declines for a second day in a row, trading around $1.07 at the time of writing on Tuesday. The remittance token has continued to sustain a bearish outlook, aligning with the broader cryptocurrency market.
Bitcoin rises toward $64,000 as Coldcard exploit, strategy sales recede – ADA advances
Bitcoin rose 1.6% over the last 24 hours, climbing as high as $64,160 to the highest since July 31 before retreating. The rebound followed a selloff spurred by an exploit that targeted a cold wallet over the weekend and bitcoin sales by the world’s largest corporate holder.
Crypto Today: Bitcoin, Ethereum, XRP shows recovery signs as Ethereum and XRP struggle
Bitcoin (BTC) advances above $63,000 on Tuesday, buoyed by increasing investor risk appetite. Ethereum (ETH) continues to trade under pressure below the supply range at $1,900 and above the short-term $1,800 support. At the same time, Ripple’s (XRP) upside is constrained under the pivotal $1.10 level while support at $1.00 remains intact.
US Yen intervention puts Bitcoin, risk assets on notice for liquidity flux
Washington’s growing coordination with the Bank of Japan (BoJ) points to a potential boost in global dollar liquidity — even as it runs up against a yen carry trade unwind that could squeeze liquidity if it deepens further. Last week, the US and Japan conducted a rare joint intervention to prop up the yen, which had slid to 40-year lows of 164 per dollar — the first of its kind since 1998.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.