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Cryptocurrencies Price Prediction: Bitcoin, DYDX & Algorand – European Wrap 18 January

FXStreet Team FXStreet

Bitcoin halving event draws close, BTC trades below $43,000 amidst altcoin season

Bitcoin (BTC) market participants look indecisive as BTC trades sideways below $43,000 on Thursday. Bitcoin price has declined nearly 8% in the past week after the sport Exchange Traded Fund failed to support prices, giving way to a so-called "altcoin season." The BTC halving event, which is considered a catalyst for Bitcoin price, is 110 days away.

DYDX Price Forecast: dYdX holders likely to witness 20% gains

DYDX price shows signs of rallying higher after the recent move that flipped a key hurdle into a support floor. This uptick in buying pressure is likely to attract more sidelined buyers, propelling DYDX higher.

DYDX price crashed 35% between November 15 and 21, 2023, and created a range extending from $4.37 to $2.84. Lack of momentum, however, led to a breakout below the range low. The recent uptick in buying pressure has pushed it back above the $2.84 floor back into the range.

Algorand releases technical roadmap for 2024 but fails to catalyze recovery for Algorand price

This year is expected to be huge for the crypto market, considering the spot Bitcoin ETF approval, potential spot Ethereum ETFs, and the Bitcoin halving. But beyond the major tokens, other L1s, such as Algorand, are also set to witness crucial upgrades coming their way.

Algorand Foundation took to X, formerly Twitter, to announce the technical roadmap for 2024, which is comprised of five major upgrades. These upgrades will be deployed throughout the year, with the first two set to go live before Q2 and the other three between Q2 and Q4.

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Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.