Cryptocurrencies Price Prediction: Bitcoin, Ripple & Cryptos — Asian Wrap 23 October
|Crypto Today: Bitcoin price unchanged, Ethereum and XRP correct as US presidential election draws close
Bitcoin trades at $67,184 early on Tuesday. The largest cryptocurrency by market capitalization is holding steady above the $67,000 level as traders speculate on the outcome of the US presidential election.
XRP declines 2% as SEC vs. Ripple lawsuit advances, crypto exchange Uphold expresses support to RLUSD
Ripple (XRP) lost nearly 2% of its value on Tuesday, October 22. The native token of the XRPLedger could extend its losses as XRP holders speculate the future of the altcoin, the Securities & Exchange Commission’s (SEC) lawsuit against Ripple and Ripple USD’s (RLUSD) utility and adoption among institutions.
Crypto looks at US presidential election result to advance on legal clarity
US citizens will go to the polls to elect a new president on November 5, and their choice could be key for the future of the crypto industry and thus the price outlook for Bitcoin (BTC). While the role of crypto and how it should be regulated in the country was largely ignored four years ago, the matter has been part of the agenda during the election run-up.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.