Cryptocurrencies Price Prediction: Bitcoin, Cardano & Cryptos – American Wrap 03 January

BTC/USD restrained below $97,000

Bitcoin Weekly Forecast: Slow but positive start
Bitcoin (BTC) edges slightly lower, trading around $96,500 on Friday after an over 2.5% recovery this week, with historical data showing modest average January returns of 3.35%. On-chain metrics suggest the bull market remains intact, indicating a cooling-off phase rather than a cycle peak.

Cardano’s ADA zooms above $1 as Bitcoin remains rangebound
Programmable blockchain Cardano’s ADA token jumped 12% in the past 24 hours to lead gains among crypto majors, with rangebound trading in bitcoin (BTC) influencing the broader market.

Author

FXStreet Team
FXStreet




