Cryptocurrencies Price Prediction: Bitcoin, EOS & Cryptos — American Wrap 18 December

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC defends $40,000 as spot ETF marketing wars heat up

Bitcoin (BTC) price has shown weakness over the past few days, in what has been presented as a cool-off following weeks of being overbought. The lull extended to Ethereum (ETH) price as well as Ripple (XRP) price as markets ready for the final weeks of 2023.

EOS price pedals a buying opportunity before a possible 70% run

EOS (EOS) price broke out above a falling wedge pattern, kickstarting rally that could see long term holders make double digit profit based on the target objective of the underlying technical formation.

Solana, XRP and Cardano receive $16 million weekly inflows as Bitcoin sees outflows

Crypto funds noted its first outflows last week after eleven consecutive weeks of massive inflows of capital from institutional investors, according to data from CoinShares. The decline was mainly driven by a recent round of outflows in Bitcoin funds. While BTC funds saw $32.8 million in investor capital exit, altcoins bucked the trend and noted an inflow from investors.

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Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit. A reactionary spike in on-chain activity and social chatter, reflecting a strength of community, but fails to absorb the price decline.

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes dumped his entire Zcash holdings on Friday, a day after selling his HYPE and NEAR holdings. Zcash is down 13% so far on Friday, extending the 26% drop from the previous day.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

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