The post Crypto Price Analysis 10-25 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, RIPPLE: XRP appeared on BitcoinEthereumNews.com.

Bitcoin (BTC) maintains its position above $67,000 despite a brief dip to the $65,000 range in the past 24 hours and is currently trading in the $67,000 level. Major altcoins such as Ethereum, Solana, and Ripple have experienced declines over the past 24 hours.  Bitcoin has faced a volatile week ranging between two important levels – $65,000 and $69,000. BTC has been on a downward trajectory after failing to break above the $70,000 level on Monday, with major altcoins following its lead. Despite price fluctuations sending BTC slip below $65,000 before recovering, Bitcoin appears to be stabilizing. Pauline Shangett, CMO at ChangeNOW, commented: “Despite a volatile week, Bitcoin appears to be entering a stabilization phase. Market sentiment has improved, and indicators suggest that traders are comfortably in an accumulation period.”  Ripple (XRP) CEO Predicts Crypto “Reset” After US Election Ripple CEO Brad Garlinghouse recently shared his thoughts on the impact the US election could have on the crypto market. With both presidential candidates having made statements regarding crypto, albeit with very different approaches, Garlinghouse thinks there could be a reset for the crypto industry regardless of the outcome. “I think no matter what happens, we’re going to see a reset,” Garlinghouse told CNBC’s Tanaya Macheel. Adding; “We’re going to see forward progress and I am certainly looking forward to that.”   Former President Donald Trump vowed to end an “unlawful and un-American crackdown” on the US crypto industry and is also backing a crypto project called World Liberty Financial. On Wednesday, Garlinghouse said: “Obviously, Trump came out early and very aggressively in pro-crypto and he’s the crypto president.” Harris said her administration would encourage innovative technologies such as Artificial Intelligence and digital assets while protecting consumers. The Vice President said she “appreciates the ways in which new technologies can broaden…

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Filed under: News - @ October 26, 2024 2:14 pm