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Cryptocurrencies Price Prediction: Bitcoin Cash, Cardano and Ethereum Classic – European Wrap 10 July

Cryptocurrencies Price Prediction: Bitcoin Cash, Cardano and Ethereum Classic – European Wrap 10 July
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Cash Price Update: BCH/USD in retreat after gaining 7% in a matter of minutes

Bitcoin Cash (BCH) is still in a red zone on a day-to-day basis; however, the coin recovered strongly from the intraday low of $232.60 and hit $240.00 in a matter of minutes. At the time of writing, BCH/USD is changing hands at $237.00. Despite the retreat, the short-term trend is still bullish, while the volatility is expanding. Bitcoin Cash is the fifth-largest digital asset with the current market capitalization of $4.4 billion. An average daily trading volume is registered at $1.22 billion. Read more ...

BCH/USD

Cardano Price Forecast: ADA/USD rally ends in bloodshed, will $0.10 hold?

Cardano is retreating fast from the recently traded two-year high. The cryptoasset has been on an upward roll since June with the formidable gains attributed to the launch of the new Shelly mainnet. In addition to that, Coinbase custody announced the support for ADA. Read more ...

ADA/USD price chart

Ethereum Classic Price Analysis: ETC/USD buyers pop in on approach to daily SMA100

Ethereum Classic (ETC) has lost nearly 4% since the start of the day and 4.5% in the recent 24 hours to trade at $6.38 by the time of writing. The coin takes the 22d place in the global cryptocurrency rating, while its market value is registered at $743 million; an average daily trading volume exceeds $780 million. ETC/USD has recovered from the intraday low of $6.29. Now it is moving within the short-term bullish trend amid expanding volatility. Read more ...

ETC/USD

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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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Why altcoin season isn't coming back — and what stole its capital

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If, after two years of being frozen in ice, Katara and Sokka woke you up to the crypto market, it would seem like 100 years have passed. With Bitcoin soaring to record highs just over a year ago, everyone expected a routine altcoin season, where investors take profits from the top crypto to chase higher returns in altcoins.

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Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.