|

Cryptocurrencies Price Prediction: Bitcoin Cash, Tron and Ethereum – European Wrap 2 September

Bitcoin Cash Market Update: BCH fork is inevitable as Bitcoin ABC team separates from the project

In recent weeks the tensions in the Bitcoin Cash have been escalating rapidly as Bitcoin ABC development team adopted Jonathan Toomim’s ASERT Difficulty Adjustment Algorithm (DAA), and integrated Infrastructure Funding Plan (IFP), which was opposed by many community members.  Read more ...


BCH/USD

TRON Price Analysis: TRX/USD ready to conquer $0.0400 once the correction is over

TRON's TRX is gaining ground rapidly. The coin hit the intraday high at $0.0373 At the time of writing, XRP/USD is changing hands at $0.0363, which is over 20% higher from this time on Monday, September 1. TRON is now the 13th largest digital asset with the current market capitalization of $2.59 billion and an average daily trading volume of $2.85 billion, which is 300% higher from the levels registered at the end of August. Read more ...

TRX/USD

Ethereum Market Update: Vitalik Buterin explains high ETH fees

Ethereum (ETH) hit the multi-year high at $488 on September 1 and retreated to $461 by press time. The second-largest digital asset has lost over 1.2% since the start of the day. However, it is still in a green zone if compared to this time on Monday. ETH/USD has been moving in sync with the market, which has started a downside correction after a sharp rally of recent days. Ethereum happens to be one of the main beneficiaries of the rally with over 22% of gains on a week-on-week basis. Read more ...

ETH/USD

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

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels.

Cardano: Whale selling, cautious derivatives limit ADA rebound

Cardano is trading near $0.170 at the time of writing on Friday after staging a modest rebound from last week's sharp correction. However, the recovery remains fragile as large holders have resumed reducing their positions, adding fresh selling pressure to ADA.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support.

Pi Network Price Forecast: Bulls attempt comeback as bearish strength fades

Pi Network is trading at around $0.120 on Friday after a modest recovery the previous day. Despite this recent rebound, traders should be cautious as a scheduled unlock of 14.8 million PI tokens on Friday could limit the token's recovery potential by increasing market supply.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.