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

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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.

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.

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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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.