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Cryptocurrencies Price Prediction: Bitcoin, Compound and Ethereum – European Wrap 23 October

Cryptocurrencies Price Prediction: Bitcoin, Compound and Ethereum – European Wrap 23 October
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto market pulls back before new yearly highs

The cryptocurrency market performed tremendously well this week, especially for the major cryptoassets like Bitcoin and Ethereum. Several altcoins also broke out, including Chainlink, VeChain, Stellar, Litecoin and Waves. Read More ...

BTC/USD price chart

Compound Price Forecast: COMP ready for liftoff to $120

Compound bulls managed to wriggle themselves from a downtrend that has kept them hostage since early September. An all-time low of $86 awoke the buyers and encouraged them to take positions. Over the last three days, a remarkable move sent the decentralized finance (DeFi) token in an upward trajectory. Read More ...

COMP/USD 4-hour chart

Ethereum's network is not all DeFi and speculation; it is also art, sports, and games

Ethereum blockchain is overwhelmed by DeFi projects. The booming sector of decentralized finances is driving gas prices and causes network overload. However, DeFi is neither the first nor the only segment built on top of the so-called "world's computer." Read More ...

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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.

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XRP falls toward $1.00 amid muted ETF activity

XRP falls toward $1.00 amid muted ETF activity

Ripple (XRP) edges lower toward the short-term $1.05 psychological support level at the time of writing on Wednesday. This marks three consecutive days of losses, undermining investor interest and the broader optimism for a potential deal between the United States (US) and Iran to reopen the Strait of Hormuz.
Swiss-based Taurus gives banks access to Hedera via unified digital asset platform

Swiss-based Taurus gives banks access to Hedera via unified digital asset platform

Taurus, a Switzerland-based digital asset infrastructure provider, announced on Wednesday that it has extended its services, targeting banks and regulated financial institutions on the Hedera (HBAR) network. Meanwhile, HBAR is paring losses, trading above $0.0650 at the time of writing. The token shows signs of stability amid a broader bearish trend.
Crypto markets trade muted, lag risk rally

Crypto markets trade muted, lag risk rally

Whilst hopes for a US-Iran agreement to revive the Strait of Hormuz and renewed AI-trade optimism lifted US equities to all-time highs, major cryptocurrencies remained largely sidelined on Wednesday. Bitcoin and Ether hovered near $64,000 and $1,800, respectively, extending their recent period of consolidation rather than participating in a broader risk rally they would normally follow.
Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

Bitcoin (BTC) hovers near $64,000 at the time of writing on Wednesday, buoyed by a marginal improvement in crypto sentiment amid growing optimism that the United States (US) and Iran could potentially reach an agreement to open the Strait of Hormuz this week. Ethereum (ETH) mirrors Bitcoin’s neutral-to-bullish outlook, trading toward $1,900.
Bitcoin: Bulls hold the line

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.