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Cryptocurrencies Price Prediction: Bitcoin, ApeCoin and Ethereum – European Wrap 1 August

Cryptocurrencies Price Prediction: Bitcoin, ApeCoin and Ethereum – European Wrap 1 August
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: How long can crypto markets keep rallying?

Bitcoin price shows signs of exhaustion after retesting a major hurdle. This development could result in a correction if bulls can't make a comeback. Ethereum price, despite the Merge narrative, remains correlated to BTC and could tumble if the big crypto does. Ripple price will promptly follow the two largest cryptos should they collapse.

BTC/USD 1-day chart

ApeCoin staking on track for Autumn launch, Horizen Labs confirm

The ApeCoin Foundation has given users an update on the DAO’s staking system, selecting Horizon Labs for the development of the staking platform, which will enable users to earn interest from their crypto. Nearly two months after the ApeCoin community voted on a proposal for staking, the platform’s development is gaining traction. 

 
APE/USD price chart

Here’s why Ethereum price may retrace despite the upcoming ‘Merge’ hard fork

Ethereum price and the altcoins closely related to the ecosystem have been rallying massively over the last few weeks. While this narrative makes sense, investors need to pay close attention to Merge, which is scheduled to occur on September 19.

ETH/USD  4-hour chart

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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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Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Face renewed selling as key technical barriers and regulatory fears hit sentiment

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Bitcoin: Binance security breach and hawkish Fed push BTC lower

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