Cryptocurrencies Price Prediction: Bitcoin, Dogecoin and Crypto.com – European Wrap 13 October

FXStreet Team FXStreet

Bitcoin price flirts with $19,000 as US inflation could push BTC price to $17,600

Bitcoin (BTC) price slips almost 1% in early morning trading as overall markets are calm but anxious about the US inflation figures coming out later today. The risk at hand could be an upside surprise, as seen with the job numbers last month which would see a persistently strong dollar get even stronger. Increased dollar strength could choke Bitcoin bulls and squeeze them out of their positions with technical support set to catch any nosedive moves.

Dogecoin Price Prediction: The Truth about investing in DOGE

Dogecoin price has undone all the gains amassed since the second quarter of 2021. This massive U-turn comes as the crypto markets remain susceptible to sellers and changes in the traditional finance markets.

Crypto.com price continues to drop despite making bullish fundamental strides

Crypto.com price shows little response to the fundamental developments that are surrounding the company. This lack of response can be attributed to the current market conditions, which are largely bearish and have been so for nearly a year.

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Ripple holds $1.82 support as low retail demand weighs on the token

Ripple (XRP) is trading between a key support at $1.82 and resistance at $2.00 at the time of writing on Thursday, reflecting the lethargic sentiment in the broader cryptocurrency market.

Aster declines for fifth straight day despite buyback efforts

Aster trades under intense selling pressure, recording 3% loss at press time on Thursday. The perpetual-focused exchange resumed its Stage 4 buyback program on Wednesday and currently holds almost 52 million ASTER tokens.

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Bitcoin eyes short-term breakout above $87,000, underpinned by a significant increase in ETF inflows. Ethereum defends support around $2,800 as mild ETF outflows suppress its recovery. XRP holds above at $1.82 amid bearish technical signals and persistent inflows into ETFs.

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin is attempting to stabilize, holding near $87,000 on Thursday after this week’s pullback. Institutional demand shows signs of optimism, as US-listed spot Bitcoin Exchange-Traded Funds (ETFs) recorded fresh inflows of over $457 million on Wednesday.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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