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Cryptocurrencies price prediction: XRP, Bitcoin & Cryptos – American Wrap 30 July
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FXStreet Forex & Commodities News
Bitcoin (BTC) has notched three straight days of gains and is currently trading above $64,000, with bulls eyeing a potential breakout above the immediate $65,000 resistance.
Ripple (XRP) rises toward the pivotal $1.10 resistance on Thursday, marking three consecutive days of gains.
This neutral-to-slightly bullish outlook follows the Federal Reserve (Fed) decision to leave interest rates unchanged in the 3.50%-3.75% range.
Bitcoin (BTC) steadies above a key support zone on Thursday, consolidating near $64,000 after a modest rebound earlier this week.
However, traders should be cautious as renewed inflation concerns, fueled by the Federal Reserve (Fed) hawkish tone and the escalating US-Iran conflict, continue to cap the Crypto King's upside momentum.