Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Chainlink – American Wrap 25 September

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MicroStrategy acquires $147 million worth of Bitcoin in two months, still bearing a 12% loss

The crypto market has been struggling to recover from the bearishness witnessed in August. However, MicroStrategy is making the most of the situation. The Michael Saylor company acquired more Bitcoins during the August crash, adding to its overall BTC holdings, and the losses amounted to it.

Week Ahead: No ETFs, but crypto markets might be preparing for a quick rally ahead of Powell's speech

This week is not as interesting as the next week, but regardless, let’s talk about what you should be paying attention to.

Bitcoin price
Fed Chairman Powell's speech on September 28.
PCE Price Index on September 29
Hashdex Bitcoin spot ETF deadlines on September 29.
Ethereum futures ETF approval on October 2.

Chainlink outperforms altcoins in September with dwindling exchange supply

Chainlink (LINK) has outperformed most altcoins in September with 25% gains over the past two weeks. LINK tokens are consistently being pulled out of exchanges and being moved to cold wallets, reducing the selling pressure on the asset.

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FXStreet Team

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Ripple risks deeper decline toward $1.00

XRP clings to short-term support at $1.10, but persistent selling pressure leaves it vulnerable to a further 10% drop toward $1.00. XRP remains largely defined by a bearish technical structure, with major moving averages and momentum indicators edging lower.

Crypto Today: Bitcoin, Ethereum, XRP slide as capital outflows persist

The cryptocurrency market is experiencing broad-based declines on Tuesday, as Bitcoin retests support at $62,000, Ethereum extends losses toward $1,600, and Ripple remains anchored near the key $1.10 demand zone.

Bitcoin struggles amid renewed US-Iran peace uncertainty

Bitcoin (BTC) trades below $63,000 at the time of writing on Tuesday as conflicting signals from the US and Iran regarding the progress of peace negotiations continue to fuel geopolitical uncertainty.

MiCA regulations could be the next bullish catalyst for crypto – Georg Harer, co-CEO at Bybit EU

The next bullish narrative for crypto could be MiCA regulations, which could drive liquidity from traditional markets, Bybit EU co-CEO Georg Harer says. Improved regulations could provide guardrails to avoid black swan events like Terra Luna and FTX, thereby limiting volatility.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.