TRENDING:
Trade War
XAU/USD
Silver
EUR/USD
GBP/USD
USD/CAD
AUD/USD
Sponsored by
Login
|

Cryptocurrencies Price Prediction: Ripple, Bitcoin & Avalanche– American Wrap 22 August

Cryptocurrencies Price Prediction: Ripple, Bitcoin & Avalanche– American Wrap 22 August
FXStreet TeamFXStreet TeamFXStreet

Ripple is a clear winner in SEC lawsuit, says chief legal officer

Ripple (XRP) traders continue to digest the Securities & Exchange Commission’s (SEC) recent lawsuit ruling. But Ripple’s Chief Legal Officer (CLO), Stuart Alderoty, said in a recent tweet that the firm is a clear winner in the lawsuit. 
XRP
Bitcoin (BTC) trades above $61,000 on Thursday, holding up on gains driven by the release of the Fed Minutes on Wednesday, which hinted at an interest-rate cut in September. US spot Bitcoin ETFs saw a modest inflow on Wednesday, while on-chain data doesn’t seem to support further price gains as Bitcoin OTC desk balances for miners surge and the long-to-short ratio stays below one.
Bitcoin Spot ETF Net Inflow chart
Avalanche (AVAX) trades inside a falling wedge pattern on Thursday, and a breakout would signal a bullish trend. As of Thursday, AVAX had gained 4%. The recent launch of investment firm Franklin Templeton’s and Agora's fully-collateralized US digital dollar, AUSD, on the Avalanche network suggests that the AVAX price will rally in the coming days.
AVAX/USDT daily chart
 

Author

FXStreet Team

More from FXStreet Team
Share:

Editor's Picks

Solana strikes key resistance with double-digit gains

Solana strikes key resistance with double-digit gains

Solana trades at $88 at press time on Thursday, after an 11% upswing the previous day within a broader consolidation range of roughly three weeks. Institutional demand for Solana heightens as US spot SOL Exchange Traded Funds record $30 million of inflow on Wednesday.

Stellar relief bounce fades as bearish undertone persists

Stellar relief bounce fades as bearish undertone persists

Cardano price steadies at $0.29 on Thursday after surging over 14% in the previous day. Improving on-chain and derivatives data support a positive outlook as whale wallets are increasing exposure alongside positive funding rates.

Top Crypto Gainers: Polkadot, Near Protocol, Uniswap lead market rebound

Top Crypto Gainers: Polkadot, Near Protocol, Uniswap lead market rebound

Altcoins, such as Polkadot, Near Protoco, and Uniswap, are leading gains over the last 24 hours as Bitcoin jumped 6% on Wednesday. The altcoins are holding steady on Thursday following a rebound the previous day, testing the waters around their 50-day EMA. 

Cardano steadies as whales accumulate and bullish sentiment grows

Cardano steadies as whales accumulate and bullish sentiment grows

Cardano price steadies at $0.29 on Thursday after surging over 14% in the previous day. Improving on-chain and derivatives data support a positive outlook as whale wallets are increasing exposure alongside positive funding rates.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: No recovery in sight

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.