Cryptocurrencies price prediction: Altcoins, Bitcoin & Cryptos – American Wrap 29 October
October’s final stretch, short squeezes, chubby crypto moves, and a market still defending $80–81k
The past week in crypto has been defined by short squeezes, chubby candles, and violent two‑way liquidations — not by new macro information. After yesterday’s press conference from Kevin Warsh, the market absorbed the message quickly: nothing new was added, nothing dovish was hinted, and nothing surprising was delivered. So we won’t repeat old commentary — because Warsh didn’t give the market anything fresh to chew on.
Crypto Today: Bitcoin, Ethereum, XRP fall as hawkish Fed tone weighs on sentiment
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) face a pullback on Thursday as the Federal Reserve’s (Fed) hawkish tone following its decision to hold interest rates steady weighs on broader cryptocurrency market sentiment. BTC slips toward $80,000, while ETH approaches its 200-day Exponential Moving Average (EMA) at $2,316 and XRP trades below the $1.300 support level, putting all three cryptocurrencies at risk of further losses.
Top Altcoins Price Forecast: Ripple and Solana under pressure as Hyperliquid recovers
Institutional demand for altcoins is weak in the near term. Solana-focused ETFs record $5.66 million in outflows on Wednesday, after over $19 million and $8 million in outflows earlier this week, bringing the total to $33.04 million. A negative close to this week would mark its fourth consecutive weekly outflow, suggesting intense selling pressure from institutional investors.
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FXStreet Team
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