Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos - American Wrap 14 April
|The crypto market rebounds sharply, but what's next?
Crypto market capitalisation has risen by 13% over the past seven days, although there was no significant change over the weekend. This generally looks like a rebound after a drop. Only a rise above the local highs of $2.85 trillion will signal an upturn.
Whale grabs 16,000 ETH as Ethereum Foundation vows support for L1, RWA and stablecoins
The Ethereum Foundation, through its Co-Executive Director, Tomasz K. Stańczak, outlined a simplified version of its roadmap on Sunday. The roadmap focuses on scaling blobs, enhancing the performance of the layer-1 blockchain, and improving the user experience on layer-2 interoperability and the app layer.
Bitcoin Price Forecast: BTC retests key resistance at $85K, breakout to $90K or rejection to $78K?
Bitcoin (BTC) price edges higher and approaches its key resistance at $85,000 on Monday, with a breakout indicating a bullish trend ahead. Metaplanet announced Monday that it purchased an additional 319 BTC, bringing its total holdings to 4,525 BTC. Additionally, Amberdata shows that the $100,000 strike price has the highest open interest (OI), indicating a bullish sentiment among traders. However, institutional demand continues to weaken, as Bitcoin spot Exchange Traded Funds (ETFs) recorded a total net outflow of $713.30 million last week.
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