Cryptocurrencies Price Prediction: Aster, Bitcoin & Crypto – European Wrap 10 February
|Aster Price Forecast: ASTER tests resistance as whale activity, perpetuals volume surge
Aster (ASTER) edges higher by over 7% at press time on Thursday, crossing above its 200-period Exponential Moving Average (EMA) on the 4-hour chart while testing a long-term resistance trendline on the daily. The perpetual-focused exchange recorded $4.1 billion in volume over the last 24 hours, outpacing its competitor Hyperliquid. Large wallet investors, popularly known as whales, back ASTER’s recovery by accumulating more than 170 million tokens over the last five days.
Why Bitcoin is trading like a tech stock — Not digital Gold
According to a Grayscale report, recent Bitcoin price movements have closely tracked high-growth software stocks. This behavior shows that BTC is trading more like a growth asset than “digital gold.”
Crypto Today: Crypto market holds $2.4 trillion as bearish sentiment persists around Bitcoin, Ethereum, XRP
The cryptocurrency market is trading under pressure at the time of writing on Tuesday, weighed down by risk-off sentiment. The Crypto King, Bitcoin (BTC), is constrained below $70,000, with the price holding around $69,000. Altcoins, including Ethereum (ETH) and Ripple (XRP), exhibit technical weakness but are holding above key support levels at $2,000 and $1.40, respectively.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.