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Cryptocurrencies Price Prediction: Cryptos, Bitcoin & XRP – American Wrap 25 October

Crypto Today: XRP, Bitcoin and Ethereum decline as Ripple files response to SEC appeal

Bitcoin trades above $67,800 in the American session on Friday. The largest cryptocurrency by market capitalization has traded between $70,080 and $49,000 for nearly three months, since July 29. The crypto token is less than 10% away from its all-time high of $73,777. 

As sophisticated and retail investors rally around the possibility of bitcoin's (BTC) price surging to at least $100,000 by the year-end, the options market tied to the cryptocurrency assigns a low probability of such a surge materializing.
Ripple (XRP) price has been range bound between $0.5666 and $0.5068 since October 3. Over the past 20 days, XRP has traded within the range even as the Securities & Exchange Commission (SEC) vs. Ripple lawsuit sees new developments. 
 

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