Cryptocurrencies Price Prediction: Bitcoin, BONK & SEC – European Wrap 19 January
|Bitcoin price dwindles amidst resounding ETF success, BTC dethrones Silver with capital inflow
Bitcoin price continued its decline closer to $41,000 on Friday. At the time of writing, BTC price is $41,148. Institutions like Tether and MicroStrategy are keen on BTC accumulation and the largest cryptocurrency’s ETFs have dethroned Silver as the second largest commodity.
BONK price crash leads to half a million Dollars in liquidations
BONK price is reinforcing the bearish narrative for the meme coin market after disappointing runs from Dogecoin and Shiba Inu. The lack of growth has already stumped investors, and the ones optimistic about witnessing a recovery are being shot down by the bearish market conditions.
SEC v Binance lawsuit: Federal Judge calls for court review of whether digital assets are securities
The latest development in the SEC v. Binance lawsuit is that Federal Judge Amy Berman Jackson has ordered a court review of whether digital assets and staking products are securities.
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.