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Bitcoin and XRP price prediction after US Senate Banking postpones crypto bill
Source: CryptoNewsNet Original Title: Bitcoin and XRP price prediction after US Senate Banking postpones crypto bill Original Link:
Current Events Impacting the Crypto Market
Bitcoin and XRP prices remain in focus as the U.S. Senate Banking Committee postpones the crypto market structure bill, adding fresh uncertainty to the regulatory outlook after a major exchange CEO voiced opposition.
The delay has traders reassessing short-term price expectations, with Bitcoin holding near key support and XRP showing mixed momentum amid cautious market sentiment.
Adding to the mix, the U.S. Supreme Court didn’t make a ruling on the Trump global tariffs case on January 14, and no new date was announced. That uncertainty can weigh on risk appetite across all markets, including crypto.
Bitcoin Price Prediction
As of January 15, Bitcoin (BTC) is trading around $96,500. Yesterday, it climbed toward $97,800 but pulled back amid lingering uncertainty. Despite this, there’s still room for a recovery. A confirmed break above $97,800 could open the door to $98,800, with the psychological $100,000 level in sight.
If Bitcoin drops, the $95,700–$95,000 area should hold as support, and the $93,000–$91,000 area should be a stronger safety net.
XRP Price Prediction
Ripple (XRP) reached $2.17 yesterday and is now near $2.09. The $2.15 is an important level. If XRP breaks through that, it could test $2.25–$2.30.
Support is between $2.10 and $2.05. If that breaks, the next level could be $2 or $1.90 to $1.85.
Spot flows are weak, longs are closing faster than shorts — the market’s losing a bit of its bullish optimism.
Final Thoughts
Crypto is in a cautious mood as regulatory delays and macroeconomic and legal factors continue to weigh on the market. Bitcoin and XRP are both testing support and slipping in value. Watching news and flows can give traders clues about whether a stronger trend is forming.
For now, Bitcoin and XRP prices may remain within a range, but a clean break above or below key levels could indicate where the market is headed next.