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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Altcoins — American Wrap 19 February

Bitcoin price coils up for a 10% breakdown amid Presidents’ Day market lull

Bitcoin (BTC) price is showing weakness as the US market steps into a three-day holiday remembering some of the country's founding fathers. Low trading volumes could leave markets volatile and susceptible to a big shift. 

Ethereum outperforms Bitcoin with double-digit weekly gains and spike in Open Interest

Ethereum outperformed the largest cryptocurrency by market capitalization and yielded 16% weekly gains for traders. ETH price hit a peak of $2,931 on Monday as the altcoin rallies towards its $3,000 target. 

AIT, GRT, OCEAN: Crypto data coins see massive rally alongside Bitcoin and AI tokens

The launch of text to video generator tool by OpenAI, Sora, and Bitcoin’s rally are two major catalysts that have fueled gains in AIT Protocol (AIT), The Graph (GRT) and Ocean Protocol (OCEAN). 

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Top Crypto Gainers: Decred, Zcash, and Dogecoin lead recovery as Bitcoin crosses $72,000

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Ethereum Price Forecast: ETH jumps alongside a spike in open interest, realized price could limit upside

Ethereum (ETH) has jumped above $2,100 on Wednesday, following a general recovery across the crypto market. The move was accompanied by a spike in Ethereum's open interest, which has increased to 13.43M ETH — its highest level since January 31. The top altcoin's OI has been rising since February 19, adding 1.2M ETH over the past two weeks. 

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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.