Ripple: AI Predicts XRP Price For June 15
The cryptocurrency market seems to be recovering from its recent slump. Bitcoin (BTC) fell to the $100,000 mark earlier this month. The asset has since reclaimed the $109,000 price level. The global crypto market cap has risen to $3.58 trillion. Ripple’s XRP also seems to be following the market rebound. The asset has risen 0.5% in the last 24 hours, 2.2% in the weekly charts, and 371.3% since June 2024. Despite the rally, XRP’s price is down 0.6% in the 14-day charts and 4.4% over the previous month. Source: CoinGecko Cryptocurrencies Recover Amid Rejuvenated Stability Source: Watcher.Guru The latest market recovery comes amid decreased volatility. BlackRock recently purchased $120.9 million worth of BTC on June 9 and $336.7 million worth of BTC on June 10. The surge in institutional inflows may have boosted investor sentiment. XRP may be riding BTC’s wave. XRP is also expected to receive a spot ETF sometime this year. The SEC’s new pro-crypto head, Paul Atkins,...