Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Ripple — Asian Wrap 22 June


Bitcoin ETF summer, Valkyrie investment firm joins BlackRock, WisdomTree, and Invesco in spot BTC application

Bitcoin Exchange Traded Fund (ETF) is the current theme in the crypto market as institutional investors move to provide users with regulated options to participate in the BTC market. The trend has intensified so much that experts say it is the main driver behind the current Bitcoin (BTC) rally.

Over 70k LINK holders await Chainlink price to rally by 20% in order to gain profits

Chainlink price is slow in its recovery, which is impacting its investors as well, whose sentiment is turning more and more negative to the point where they chose to sell at a loss. Even now, for a chunk of the LINK holders to gain profits, they might have to wait for a while longer as a significant rally is required for it to occur.

XRP price could mark new 2023 highs on the back of institutional investors' interest

XRP price has had a slow recovery in comparison to many of the top cryptocurrencies, even as Bitcoin broke above the $30,000 mark. However, while the Ripple token is lagging in price rise, it's making up for it in terms of gaining institutions' interest. That might be the key to pushing the altcoin to new highs.


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. The author will not be held responsible for information that is found at the end of links posted on this page.

If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

FXStreet and the author do not provide personalized recommendations. The author makes no representations as to the accuracy, completeness, or suitability of this information. FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use. Errors and omissions excepted.

The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.

Recommended content


Recommended Content

Editors’ Picks

XRP corrects as traders weigh possibility of SEC appealing Ripple ruling

XRP corrects as traders weigh possibility of SEC appealing Ripple ruling

Ripple (XRP) trades with minor losses on Friday as holders weigh the impact of a likely appeal by the US Securities & Exchange Commission (SEC) in the Ripple lawsuit. 

More Ripple News
Bitcoin Weekly Forecast: $70,000 mark on sight as bulls remain strong

Bitcoin Weekly Forecast: $70,000 mark on sight as bulls remain strong

Bitcoin has risen around 3% so far this week, breaking above its range upper limit of $64,700. This gain was supported by increased institutional demand for ETFs, which recorded inflows of more than $612 million this week.

More Bitcoin News
Crypto Today: Bitcoin, Ethereum and XRP steady above major support levels, Worldcoin leads AI token gains

Crypto Today: Bitcoin, Ethereum and XRP steady above major support levels, Worldcoin leads AI token gains

Bitcoin, Ethereum trade above key supports at $65,000 and $2,600, as of Friday. XRP corrects slightly, holding steady above $0.5892. Worldcoin climbs 3% as Polymarket bet shows a 66% chance of OpenAI becoming a “for profit” entity before April. 

More Cryptocurrencies News
Top 3 meme coins Dogecoin, Shiba Inu and Pepe: Rally continues

Top 3 meme coins Dogecoin, Shiba Inu and Pepe: Rally continues

The prices of the top 3 meme coins by market capitalization, Dogecoin, Shiba Inu and Pepe, extend their gains on Friday after a rally on Thursday. The technical outlook for the three coins hints at further gains ahead as they all broke above bullish technical patterns.

More Meme coins News
Bitcoin Weekly Forecast: $70,000 mark on sight as bulls remain strong

Bitcoin Weekly Forecast: $70,000 mark on sight as bulls remain strong

Bitcoin (BTC) has risen around 3% so far this week, breaking above its range upper limit of $64,700.

Read full analysis
Five best Forex brokers in 2024

Five best Forex brokers in 2024

VERIFIED Choosing the best Forex broker in 2024 requires careful consideration of certain essential factors. With the wide array of options available, it is crucial to find a broker that aligns with your trading style, experience level, and financial goals. 

Read More

BTC

ETH

XRP