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Cryptocurrencies Price Prediction: Bitcoin, Cardano & Uniswap – Asian Wrap 20 Oct

Cryptocurrencies Price Prediction: Bitcoin, Cardano & Uniswap – Asian Wrap 20 Oct
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: BTC recent 3% breakout could be just the beginning

Bitcoin has reached a $217 billion market capitalization after the bullish momentum of the last week. The digital asset has gained more than $27 billion in market cap after hitting a low price of $10,249 on September 24. Bulls are in full control and eying up $12,000.

Cardano Price Analysis: ADA bulls in control, but the bears are waiting around the corner

Between September 2 and September 23, the price of ADA dropped from $0.125 to $0.76. Following that, ADA bounced up from a healthy support line and jumped to $0.11, as of writing. The "Ethereum killer" is presently consolidating between 50-day SMA and 100-day SMA.

Uniswap Price Prediction: UNI bulls try to shift the odds in their favor

Uniswap started trading as high as $7 on its first day but quickly fell off due to the intense selling pressure. The digital asset reached a $700 million market capitalization on September 18. Despite the downtrend, the market cap has increased again to $641 million due to more circulating supply. 

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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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XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

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Crypto Overview: Bitcoin consolidates above $60,000  – CRV, WLFI, XMR lead gains

Crypto Overview: Bitcoin consolidates above $60,000  – CRV, WLFI, XMR lead gains

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Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

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Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.