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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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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP slides amid a fragile crypto market structure

XRP slides amid a fragile crypto market structure

Ripple (XRP) falls for the second straight day, trading at $1.37 on Thursday. The broader cryptocurrency market remains fragile as investors weigh the impact of geopolitical tensions in the Middle East, which triggered persistent increases in Crude Oil prices while restricting shipping through the Straight of Hormuz and the Red Sea.
Bitcoin Price Forecast: BTC pressured amid ETF outflows, fresh US-Iran risks

Bitcoin Price Forecast: BTC pressured amid ETF outflows, fresh US-Iran risks

Bitcoin (BTC) remains under pressure, trading below $78,200 at the time of writing on Thursday after declining nearly 3% so far this week. Weakening institutional demand, along with escalating geopolitical tensions between the US and Iran near the Strait of Hormuz, continues to dampen risk appetite and weigh on the Crypto King. Institutional demand for Bitcoin shows early signs of caution.
Top Altcoins Price Forecast: Ripple, Solana, and Cardano risk deeper losses

Top Altcoins Price Forecast: Ripple, Solana, and Cardano risk deeper losses

Ripple (XRP), Solana (SOL), and Cardano (ADA) struggle to extend last month's advance, pointing to moderating buying pressure. The technical outlook for XRP, SOL, and ADA suggests a mild near-term bearish bias as momentum weakens. Ripple trades around $1.3800 at press time on Thursday, extending losses after a bearish close the previous day.
Crypto Today: Bitcoin, Ethereum and XRP lose bullish momentum as structural support holds

Crypto Today: Bitcoin, Ethereum and XRP lose bullish momentum as structural support holds

Cryptocurrency prices are moderating on Thursday, with Bitcoin (BTC) dropping to test the near-term $78,000 support. Altcoins, including Ethereum (ETH) and Ripple (XRP), are echoing Bitcoin’s cautious sentiment, with ETH retracing to approximately $2,470 and XRP to $1.38.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.