|

Cryptocurrencies Price Prediction: Bitcoin Cash, OKB & Bitcoin — Asian Wrap 14 August

Bitcoin Cash Price Forecast: BCH hits new yearly high, BTC reaches all-time high

Bitcoin Cash (BCH) is trading above $621 at the time of writing on Thursday after hitting a new yearly high, fueled by Bitcoin (BTC) surge to an all-time high. The bullish momentum continues to strengthen, driven by rising Open Interest and a buy-dominant phase. The technical outlook suggests rally continuation with bulls targeting levels beyond $700.

Crypto All-Time High Season: OKB hits record high as Arbitrum, Raydium follow

OKB (OKB), Arbitrum (ARB), and Raydium (RAY) rank as top performers over the last 24 hours as the cryptocurrency market hits an all-time high of over $4.15 trillion on Thursday. The technical outlook and the broader market sentiment suggest further gains. Risk-on sentiment among investors intensifies as Bitcoin (BTC) reaches a new record high of over $124,000, while Ethereum (ETH) inches closer to its all-time high of $4,868. 

Bitcoin reaches new all-time high after soft CPI boosts rate cut bets

Bitcoin (BTC) reached a new all-time high on Wednesday, rising above $124,000, one month after establishing a record high in July, according to data from crypto exchange Binance. This marks the fourth time that the top crypto is establishing a record high in 2025. Analysts at Standard Chartered estimate Bitcoin could reach $200,000 by year's end if the current bullish momentum continues.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Ripple risks deeper decline toward $1.00

XRP clings to short-term support at $1.10, but persistent selling pressure leaves it vulnerable to a further 10% drop toward $1.00. XRP remains largely defined by a bearish technical structure, with major moving averages and momentum indicators edging lower.

Crypto Today: Bitcoin, Ethereum, XRP slide as capital outflows persist

The cryptocurrency market is experiencing broad-based declines on Tuesday, as Bitcoin retests support at $62,000, Ethereum extends losses toward $1,600, and Ripple remains anchored near the key $1.10 demand zone.

Bitcoin struggles amid renewed US-Iran peace uncertainty 

Bitcoin (BTC) trades below $63,000 at the time of writing on Tuesday as conflicting signals from the US and Iran regarding the progress of peace negotiations continue to fuel geopolitical uncertainty.

MiCA regulations could be the next bullish catalyst for crypto – Georg Harer, co-CEO at Bybit EU

The next bullish narrative for crypto could be MiCA regulations, which could drive liquidity from traditional markets, Bybit EU co-CEO Georg Harer says. Improved regulations could provide guardrails to avoid black swan events like Terra Luna and FTX, thereby limiting volatility.

Bitcoin: Recovery hopes fade after the Fed spoils the party
Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.