Ripple (XRP) piled losses alongside top altcoins and Bitcoin early on Friday.
XRP drops to $0.40 as Ripple and altcoins are hit by marketwide correction Ripple piled losses alongside top altcoins and Bitcoin early on Friday. The German government’s Bitcoin transfers and Mt.Gox payback to creditors have created uncertainty among traders and increased the pressure on Bitcoin and altcoins like XRP. Bitcoin Cash faces potential 24% crash as Mt. Gox starts repayments Bitcoin Cash has dropped below the weekly support level of $378.6, marking a 20% decline this week.
Currently trading around $310, marking a 6% decline on the day. Trustee Nobuaki Kobayashi's announcement of Mt. Gox's repayment plan in early July, coupled with the movement of 47,229 BTC worth $2.71 billion on Friday, indicates market fear, uncertainty and doubt that could potentially lead to a decline in BCH prices in the coming days.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cryptocurrencies Price Prediction: Ripple, Bitcoin & EthereumXRP trades in the red on Tuesday as Ripple (XRP) holders are awaiting developments in the US Securities and Exchange Commission’s (SEC) lawsuit against the firm with the case drawing to a close.
Read more »
Cryptocurrencies Price Prediction: Ripple, Bitcoin & CryptoRipple (XRP) price battles to hold above $0.47 on Monday as proponent attorney Bill Morgan criticized Bitcoin maximalist Michael Saylor for his take on the altcoin.
Read more »
Cryptocurrencies Price Prediction: Ripple, Bitcoin & AaveRipple’s price (XRP) struggles to hold above $0.48 on Tuesday and seems ready to extend its recent decline.
Read more »
Cryptocurrencies Price Prediction: Bitcoin, Ripple & ChainlinkBitcoin (BTC) is encountering resistance near the $64,000 level, with on-chain data indicating a rise in daily active addresses, slight inflows into US spot Bitcoin ETFs, and the German Government's transfer of 1,500 BTC valued at $94.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin struggles around $64,000 levelBitcoin (BTC) faces resistance near the $64,000 daily level, leading to a 1.05% decline in trading on Wednesday.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin is breaking above the falling wedgeBitcoin (BTC) breaking above the falling wedge pattern on Monday signals a bullish move, with Ethereum (ETH) and Ripple (XRP) poised to follow as they find support at key levels, paving the way for an upside rally in the days ahead.
Read more »