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Cryptocurrencies Price Prediction: Altcoin, Bitcoin & Crypto – European Wrap 21 November

Cryptocurrencies Price Prediction: Altcoin, Bitcoin & Crypto – European Wrap 21 November
FXStreet TeamFXStreet TeamFXStreet

Is Altcoin Season here as Bitcoin reaches a new all-time high?

Bitcoin (BTC) reaches a new high of $98,384 on Thursday, with altcoins also rallying in response to US President-elected Donald Trump's crypto-friendly stance. On-chain data suggests the Altcoin Season Index has further growth potential, as investors appear hesitant to fully rotate into altcoins while BTC edges closer to the $100,000 milestone.

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Bitcoin blasts past $97K amid post-election bullish signals

Bitcoin has shattered another milestone, surging past $97,000 in what has been an extraordinary week for the world’s largest cryptocurrency. While the recent U.S. presidential election provided a spark, a confluence of regulatory developments, market optimism, and institutional adoption has powered Bitcoin’s meteoric rise.

Trump eyes crypto-czar: Coinbase CEO backed for key role

The cryptocurrency world is buzzing with discussions about a potential "Crypto-Czar" role in the White House. President-elect Donald Trump is reportedly considering creating this position to guide US policy on blockchain and digital assets, signaling an effort to modernize crypto regulations. Among the names suggested, Charles Hoskinson, the founder of Cardano and co-founder of Ethereum, has proposed Brian Armstrong, the CEO of Coinbase, for the role.

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XRP edges lower despite record on-chain activity and steady ETF inflows

XRP edges lower despite record on-chain activity and steady ETF inflows

Ripple is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual Decentralised Exchange had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.

Hyperliquid Price Forecast: Bulls aim breakout as RSI and MACD flash buy signal

Hyperliquid Price Forecast: Bulls aim breakout as RSI and MACD flash buy signal

Hyperliquid struggles to surface above $35 as a local resistance trendline caps the two-day recovery run. Hyperliquid Strategies Inc. (PURR) transfered 12 million HYPE tokens to Hypercore and staked 425,000 tokens, which reflects confidence. 

Cardano builds recovery momentum as sentiment improves

Cardano builds recovery momentum as sentiment improves

Cardano is extending its recovery for the second consecutive day, trading at around $0.4400 at the time of writing on Thursday. If this recovery leg from Monday's $0.3707 level steadies in the coming days, Cardano bulls could push toward a bullish December.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.