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

FXStreet Team FXStreet

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.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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