Bitcoin, Ethereum, XRP Edge Higher as Traders Eye US Macro Data

• Bitcoin steadies around the $63,000 mark as Monday unfolds with modest changes. 
• Ethereum remains near the crucial $2,500 threshold amid continued support from its creator, Vitalik Buterin. 
• XRP climbs slightly, maintaining a position above $0.5300 with a daily increase of over 1%. 

Cryptocurrency Movements: Bitcoin, Ethereum, and XRP

• Bitcoin’s price fluctuates around $63,000 on Monday, marking an important level for the cryptocurrency with a 0.33% daily gain. Data from Farside Investors highlight BTC ETFs experiencing net inflows of $25.6 million on Friday. 
• The Crypto Fear & Greed Index, an indicator of market sentiment, remains neutral this week, following a recent display of “greed.”
• Ethereum hovers around $2,471, approaching the vital $2,500 level, a psychological benchmark for investors.
• XRP sustains its growth, trading at $0.5371, above the $0.5200 support line on Monday. 

Economic Trends and Cryptocurrencies

The trending meme token Dogwifhat (WIF) has drawn attention with double-digit gains in the past day, providing a 14.57% return for traders on Binance spot markets during this timeframe.

At the moment, WIF trades at $2.607. There is potential for a 13% price increase, with expectations to reach the lower boundary of the Fair Value Gap between $2.935 and $3.220, as outlined in the daily WIF/USDT chart below.

On the flip side, should the price decline, support could be found at the 200-day Exponential Moving Average, positioned at $2.376.

The Moving Average Convergence Divergence (MACD) indicator reveals positive momentum, shown by green bars above the neutral line, indicating an upward trend for WIF.

WIF/USDT daily trends

If the WIF price closes below $2.538 daily, this could challenge the bullish perspective. A downward move might lead to a liquidity sweep at the FVG lower boundary of $2.389.

Significant Developments in the Crypto Sphere

• Vitalik Buterin demonstrates ongoing support by donating another 100 Ether, valued around $240,000, to the defense fund for Tornado Cash developer Roman Storm, totaling 327 Ether in contributions.
• The Australian Federal Police recently reported seizing $9.3 million in cryptocurrencies tied to organized crime activities as of September 17th.
• Analysts from CoinShares observed modest inflows into digital asset investment products last week, although Bitcoin experienced slight outflows totaling $159 million.

Emerging Perspectives in the Crypto World

• Anthony Sassano, an Ethereum analyst, predicts that Artificial Intelligence agents will increasingly utilize cryptocurrencies in the future, with Ethereum (ETH) playing a pivotal role.

• Celebrating a decade, Tether released a documentary showcasing the journey of its stablecoin, USD Tether (USDT).

• On-chain details reveal Vitalik Buterin’s recent sale of 10 billion MOODENG meme coins for 308 Ether valued at $822,000, continuing his trend of selling assets transferred to his wallet.

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