Cryptocurrencies Price Prediction: Bitcoin, Coinbase & XRP – American Wrap 27 March
Bitcoin price defends $69K amid rumors of Morgan Stanley approving BTC ETFs on its platform
Bitcoin (BTC) price continues to hold above the $69,000 threshold for the third day as markets anticipate the month of April, which will bring the much-anticipated BTC halving. Before this landmark event, however, analysts were split about the next direction of BTC, with most biases leaning toward a short-term drop.
Coinbase has taken a huge step in its plans to operate business fully on chain by moving the USDC of users to its rising Layer 2 network Base beginning on Tuesday. While the move may reduce fees and improve settlement time, it has met mixed reactions from the crypto community.
Ethereum (ETH) exchange-traded fund (ETF) anticipation among traders has increased in the past few weeks, but the consensus on social media platform X is that an Ether ETF is likely to get rejected by the US Securities & Exchange Commission (SEC).
Fox Business reporter Eleanor Terret shared an insight from a recent fireside chat with an institutional investor, Valkyrie Funds’ CIO.
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