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Cryptocurrencies Price Prediction: Bitcoin, Bitcoin Cash & Cardano – European Wrap 18 May

Bitcoin Price Analysis: BTC/USD bulls need a time-out before another assault at $10,000

Bitcoin regained ground after a sharp sell-off below $9,400 on Monday, which is a positive signal. At the time of writing, BTC/USD is changing hands at $9,650, mostly unchanged both on a day-to-day basis and since the beginning of Monday. 

Bitcoin Cash Price Analysis: BCH/USD soars 4% to test $255 resistance

Bitcoin regained ground after a sharp sell-off below $9,400 on Monday, which is a positive signal. At the time of writing, BTC/USD is changing hands at $9,650, mostly unchanged both on a day-to-day basis and since the beginning of Monday. 

BTC/USD

Cardano Price Analysis: ADA/USD may retreat to $0.0450 before another bullish wave

Cardano (ADA) hit the intraday high of $0.0548 during early Asian hours and retreated to $0.0537 by press time. Despite the sell-off, the coin is still nearly 6% higher from this time on Sunday. It takes the 12th place in the global cryptocurrency rating with the current market capitalization of $1.4 billion and an average daily trading volume of $154 million.

ADA/USD

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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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Ethereum Price Forecast: ETH on-chain signal remains weak even as mild retail distribution continues

Ethereum continued to consolidate in the tight $1,800-$2,000 range amid weak signals across key on-chain metrics. ETH Exchange Netflow, which measures the difference between coins flowing in and out of exchanges, indicates mild dominance in selling activity after its 14-day moving average flipped positive.

Crypto Overview: Bitcoin holds at $63,000 – Cosmos, Pump.fun lead gains

Bitcoin hovers around $63,000 as the broader crypto market maintains a risk-off sentiment. Rising against the tide, Cosmos and Pump.fun are leading gains over the last 24 hours, emerging as top performers. CoinMarketCap’s Fear and Greed Index at 37 on Friday flattens below the neutral zone, indicating persistent mildly risk-averse conditions.

Top 3 Price Prediction: BTC holds strong, ETH on the verge of breakout, XRP signals recovery

Bitcoin, Ethereum, and Ripple show signs of recovery after a correction earlier this week. BTC finds support around the key $63,300 level, ETH continues to trade sideways, while XRP holds strong above the $1.00 psychological level. The price action of the top three cryptocurrencies suggests a short-term rebound if these key levels continue to hold.

SharpLink to stake $200 million in Ethereum through Lido
SharpLink Gaming (SBET) announced plans to stake $200 million in Ethereum (ETH) through Lido as part of its strategy to generate returns from its ETH treasury, according to a Thursday announcement. The allocation will be converted into wrapped staked ETH (wstETH), which represents staked Ethereum and the associated staking rewards.
Bitcoin: Can bulls weather the market uncertainty?
Bitcoin (BTC) remains resilient, trading above $65,000 on Friday, with bulls defending key support despite cautious market sentiment. US-listed spot Bitcoin Exchange-Traded Funds (ETFs) showed strong inflows through Thursday, pointing to renewed institutional demand.