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Cryptocurrencies Price Prediction: Bitcoin, Cardano & Binance Coin — Asian Wrap 03 January

Cryptocurrencies Price Prediction: Bitcoin, Cardano & Binance Coin — Asian Wrap 03 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price trades above $45,000 even as spot BTC ETF applicants cut it close with the SEC

Bitcoin price made headlines over the past few days for reclaiming a crucial resistance as support after nearly two years. The bullishness ahead of the anticipated spot BTC ETF approval is showing its effect on the cryptocurrency even as top applicants, including the likes of Grayscale, leave their applications partially incomplete.

Cardano price sets up buying opportunity for ADA to rally 35%

Cardano (ADA) price action is currently being held up by an inclining trendline. While a breakdown would give sidelined buyers an opportunity to accumulate, a breakout above a key hurdle could propel ADA higher. 

BNB price could rally 30% with a bullish technical formation in play as Binance hints at a possible breakout

Binance Coin (BNB) price appears poised for a strong move as the broader market prepares for the US Securities and Exchange Commission (SEC) to approve some, if not all the spot Bitcoin exchange-traded funds (ETFs) filings.

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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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