Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Tron — American Wrap 22 February
|Bitcoin price breakdown possible as European Central Bank says BTC fair value is still zero
Bitcoin (BTC) price’s horizontal consolidation continues to extend, but the support level is wearing thin as the days go by. As the current state of uncertainty continues, it is imperative to remember that markets tend not to wait so long.
Ethereum price briefly touches $3,000 for third time in a week
Ethereum price crossed $3,000 for the third time this week, resulting in euphoria among crypto market participants. On-chain intelligence firm Santiment noted that traders bought Ethereum at the local top, above $3,000, out of the Fear Of Missing Out (FOMO).
TRON price rallies to yearly high following burn of over $12.6 million tokens
Justin Sun’s TRON network recently burned large volumes of the token. TRON price rallied to a multi-year high of $0.14048 on Wednesday, with two catalysts as likely drivers of the asset’s gains: TRON’s roadmap to integrate ecosystem assets with the Bitcoin blockchain and the burn of the project’s tokens this week.
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