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Cryptocurrencies Price Prediction: Bitcoin, Chainlink and TRON – European Wrap 4 November

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market retreats, Donald Trump claims victory

The cryptocurrency market is mainly in the red when the United States is conducting its 2020 presidential elections. Donald Trump claimed victory but the votes are still being counted in several swing states and the final results could be pending for hours, if not days or weeks. Read more...

BTC/USD price chart

Chainlink Price Analysis: LINK on the verge of the abyss, bears have $8.6 in mind

Chainlink (LINK), the 6th largest digital asset with the current market capitalization of $3.9 billion, has been losing ground since the weekend. The coin has lost nearly 13% in the last three days, and the downside momentum seems to be gaining traction on Wednesday. Read more...

Chainlink

TRON Technical Analysis: TRX breaks down from month-long consolidation, downside targets $0.021

TRON is in the middle of a retreat from a month-long consolidation between $0.025 (support) and $0.0275 (seller congestion zone). At the time of writing, this token is changing hands at $0.024 amid a building bearish momentum. The pessimistic scenario comes into action after TRON survived a malicious attack during a mainnet update earlier this week. Read more...

TRX/USD price chart

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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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Ripple and Stellar outlook: XRP and XLM tumble as technical outlook deteriorates

Ripple and Stellar extend their declines, trading below $1.06 and $0.165, respectively, as selling pressure intensifies. In addition, weakening technical structures and bearish derivatives metrics suggest the correction for both altcoins could deepen if key support levels fail to hold.

Crypto Market Overview: Pi Network, Uniswap lead gains as Bitcoin steadies at $64,000

Bitcoin trades above $64,000 on Thursday, testing the bullish breakout of its 50-day Exponential Moving Average near $64,660. Mild recovery in BTC lifts altcoins, with Pi Network and Uniswap emerging as top performers over the last 24 hours.

Bitcoin stalls despite strong market activity across traditional assets

Bitcoin remained subdued while stocks edged higher and gold lower, suggesting the market is trapped between weakening institutional demand and growing signs of seller exhaustion, according to a Glassnode report on Wednesday.

Hashdex Bitcoin ETF to shut down following low liquidity
Hashdex Asset Management stated on Wednesday that it will liquidate and close the Hashdex Bitcoin ETF (DEFI), due to low assets under management, limited liquidity and operating costs. The fund managed approximately $14.7 million in assets as of July 30, according to a statement on Wednesday.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.