Cryptocurrencies Price Prediction: ASTER, Bitcoin & Crypto – European Wrap 1 October

FXStreet Team FXStreet

Aster Price Forecast: ASTER on edge amid token unlock risk, declining Open Interest

Aster (ASTER) remains steady at press time on Wednesday, following a 14.6% drop the previous day, driven by rumors of token unlocks. Meanwhile, the declining interest among derivatives traders flashes downside risk.

Quinten Francois, host of Coin Compass, shared on his X account on Tuesday that the unlock of 704 million ASTER tokens on Wednesday, accounting for 8.8% of the total supply, would increase the circulating supply from 5% to 13.8% in one day.

Bitcoin Price Forecast: BTC holds above $114,000 after positive Q3 performance

Bitcoin (BTC) trades in green above $114,000 on Wednesday, rebounding from its key support level the previous day. The largest cryptocurrency by market capitalization closed September with a 5.16% gain, bringing Q3 returns to 6.31%. Meanwhile, the institutional demand continues to strengthen this week as it records a second consecutive day of inflow.

The crypto market has rebounded from its low point, but further signals are needed

The crypto market capitalisation has remained virtually unchanged over the past 24 hours, staying close to $3.91 trillion and the 50-day moving average. The market has moved away from local lows but prefers to wait for the next catalyst to determine its direction. Labour market data and the resolution of the US shutdown issue promise to help in this regard.

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FXStreet Team

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Ripple Price Forecast: XRP recovery dims as demand cools

Ripple (XRP) maintains narrow range trading on Monday, with support at $1.10. The token's upside remains largely constrained, as major moving averages trend downward, aligning with low demand in both the institutional and retail markets.

Crypto Today: Bitcoin, Ethereum, XRP hold key support as US and Iran agree to halt strikes

Bitcoin (BTC) maintains a neutral-to-bullish outlook, trading above $65,000 on Monday. Ethereum (ETH) is approaching the key supply and inflection point $2,000, while Ripple (XRP) hovers slightly above $1.10, underscoring a marginal improvement in the broader cryptocurrency market sentiment.

Shiba Inu Price Forecast: The three factors driving SHIB's mystery rally

Shiba Inu (SHIB) price is down 3% on Monday, reflecting a potential profit-driven pullback after rising over 25% over the last two days. The mystery rally in SHIB has outpaced the minor recovery seen in other meme coins, with data suggesting it is linked to supply burns, the Korean market demand, and ecosystem expansion.

Bitcoin options traders are dropping their hedges going into the Fed meeting

Bitcoin's options market has turned notably less defensive over the past month, unwinding the downside protection traders built up in June just as the Federal Reserve prepares to meet.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game

Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.