Cryptocurrencies price prediction: Bitcoin, Litecoin & Ethereum - European Wrap - 11 September

Bitcoin price analysis: BTC/USD stays dangerously close to $10,000

Bitcoin (BTC) bulls struggle to keep the price above $10,000. The coin tested waters below this critical handle twice on Wednesday; however, each time new buyers popped in and saved the situation. At the time of writing, BTC/USD is changing hands at $10,017, down about 2% on a day-on-day basis. Bitcoin’s market dominance is unchanged- 69.8%.

 

Ethereum (ETH) price analysis: ETH/USD settles below $180.00 amid growing bearish sentiments

The second-largest cryptocurrency with the current market capitalization of $19.3 billion has broken below $180.00 to trade at  $178.70 at the time of writing.  ETH/USD has lost 1.2% on a day-on-day basis and stayed unchanged since the beginning of the day. Basically, Ethereum is moving in sync with Bitcoin as there are no clear fundamental reasons that could be used to explain the decline.

 

Litecoin price analysis: LTC/USD returns above $71.00 after a short-lived dip below $70.0

Litecoin is range-bound with a bearish bias on Wednesday. The fifth-largest digital asset with the current market value of $4.5 has stayed unchanged both in recent 24 hours and since the beginning of the day. At the time of writing, LTC/USD is changing hands at $71.11, off the intraday low registered at $69.97.

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.


RELATED CONTENT

Loading ...



Copyright © 2024 FOREXSTREET S.L., All rights reserved.