Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple — Asian Wrap 03 August

FXStreet Team FXStreet

BRICS addition of new nations may speed up de-dollarisation. What is the future of Bitcoin?

BRICS, short for Brazil, Russia, India, and, China and South Africa is on course to add new members to the group after the countries expressed interest to join the world economies. This comes amid the de-dollarization effort, as nations strive to come out from underneath the dollar (USD) influence.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC historical volatility nears all time lows

Bitcoin (BTC) price takes the weight of a market devoid of volatility, displaying a rather dull price action on the daily timeframe. The outlook is similar for the Ethereum (ETH) price and Ripple (XRP) price, which continue to suffer from the effects of a declining BTC.

If Ripple's win is temporary, XRP price could crash to this level

The SEC vs. Ripple lawsuit that began in late 2020 reached a conclusion in July 2023, which proved costly for the regulator. The judge involved in the lawsuit gave Ripple a partial victory, which is now under question and could be overturned. The outcome of the SEC vs. Ripple lawsuit ensured that the community of XRP holders is in the safe zone, with regards to their trades across exchange platforms. The recent proceedings in the SEC vs. Terraform Labs case raised questions on the SEC vs. Ripple victory.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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