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Crypto

Five factors for bitcoin this week, from Fed minutes to Bank of Japan and whale inflows

Bitcoin has recovered to the $64,000 range, but it ended the week trading below the 200-week simple moving average, keeping concerns about the long-term trend alive. Markets are watching whether the break is temporary or a signal of further declines. This week’s drivers include U.S. PMI data and the Federal Reserve’s July meeting minutes, Japan’s rate outlook and rising bond yields, weak spot bitcoin ETF flows, and a rise in whale deposits on exchanges.

Crypto

XRP weekly death cross nears, at crossroads for further decline or bottom signal

XRP is nearing a weekly death cross as its 20-week exponential moving average approaches a drop below the 200-week simple moving average, putting its next price move in focus. The gap between the indicators is narrowing, with the 20-week EMA at $1.34 and the 200-week SMA at $1.209. Analysts cite past episodes in 2022, 2019 and 2020. Traders are watching $0.8 to $0.9 as the next key support zone.

Crypto

XRP\'s 1.65 dollar level could shape trend; breakout may spark rise to 7.50

A key price level of $1.65 has been singled out as pivotal for XRP\'s medium- to long-term direction. Blockchain outlet The Crypto Basic reported that market analyst Egrag focused on XRP starting July below the 50-month simple moving average, saying a break above could shape the cycle. He outlined scenarios including a retest of the 88-month average and said a clear move above $1.65 could open a path toward $7.50, while keeping a longer-term target of $42.