Cryptocurrencies Price Prediction: Bitcoin, Solana & Ethena – European Wrap 28 October
|Bitcoin Price Forecast: BTC holds above $114,000 amid a fresh wave of institutional accumulation
Bitcoin (BTC) is trading above $114,000 at the time of writing on Tuesday, after finding support around the key level. A steady stream of capital from spot Bitcoin ETFs and fresh accumulation by institutions like Strategy and American Bitcoin highlight growing confidence, setting the stage for a potential continuation of the bullish trend.
Solana ETFs may attract $6B in first year as SOL joins ‘big league’
Investors are closely watching the launch of the first Solana staking exchange-traded fund (ETF), a move expected to inject billions of dollars into Solana and the broader altcoin market.
Ethena Price Forecast: ENA flips bearish as DeFi TVL, Open Interest decline
Ethena (ENA) is down nearly 2% at press time on Tuesday, extending this week's loss to almost 5%. A decline in both on-chain and retail demand could result in further losses for the synthetic Dollar token.
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