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Cryptocurrencies Price Prediction: Bitcoin, Crypto.com and Polkadot – European Wrap 7 February

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC bears to go extinct beyond $53,000

Bitcoin price has seen tremendous gains over the past three days as it attempts to overcome a massive hurdle. While altcoins like Ethereum and Ripple have corresponded to this bullishness, investors need to exercise caution with fresh investments as a retracement could be around the corner.

BTC/USDT 1-day chart

Crypto.com token needs a breather before CRO kick-starts a 30% upswing

Crypto.com token has seen a considerable surge in bullish momentum, resulting in a quick run-up. There is, however, a good chance CRO will retrace before triggering a new leg-up. This pullback will allow the altcoin to recuperate and prepare for the next rally.

 
CRO/USDT 1-day chart

Polkadot consumes least amount of electricity compared to Bitcoin, Ethereum and Solana

Ethereum’s competitor Polkadot network consumes the least electricity compared to Bitcoin, Solana and other top cryptocurrencies. This implies that Polkadot has a less negative impact on climate change than its counterparts . The network recently announced its Pioneers Prize program to reward technological innovation on the Polkadot blockchain. 

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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 extends decline as CLARITY Act setback reinforces bearish outlook

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Crypto Today: Bitcoin, Ethereum, XRP face headwinds as Fed decision looms

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Bitcoin: BTC retreats as macro headwinds grow
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