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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 5 January

Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – European Wrap 5 January
FXStreet TeamFXStreet TeamFXStreet

BTC bulls need to crack $33K to revive the upside momentum

Bitcoin (BTC/USD) is making minor recovery attempts on the $31K level, having dipped to fresh daily lows sub-$30K threshold. The no. 1 coin remains pressured so far this Tuesday, consolidating the corrective slide from record highs of $34,799 reached Sunday. The bears have failed to find acceptance under the $30K mark, keeping the upside bias intact in the most favorite digital asset. Read more...

Ethereum breathes before shooting up the all-time highs

The ETH/USD pair is currently trading at $1,036. All eyes are on the historic high of $1,400, but we should not ignore the danger warning provided by the 200-day simple moving average, which is located in the $440 zone, well below the current price. Read more...

Justin Sun denies regulatory notice claims while investors panic sell TRON and BitTorrent

With panic gripping investors, Tron and BitTorrent prices are dropping fast. Alleviating this pain, Justin Sun, a Chinese entrepreneur and Tron founder, tweeted earlier today addressing investors’ panic. Read more...

TRON US dollar price chart

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP turns bearish as US inflation jitters hit crypto

XRP turns bearish as US inflation jitters hit crypto

Ripple is stuck in a bearish trend, trading near $1.30 on Thursday. The remittance token’s bearish shift reflects the broader cryptocurrency market, which remains under heavy selling amid concerns about accelerating inflation in the US.

Pi Network extends losses ahead of Protocol v28 Mainnet upgrade

Pi Network extends losses ahead of Protocol v28 Mainnet upgrade

Pi Network (PI) trades around $0.0780 at press time on Thursday, rising from $0.0740 earlier in the day. Pi Mainnet is scheduled for the Protocol v28 upgrade on Friday, focusing on data handling and smart contract maintenance.

Crypto Today: Bitcoin, Ethereum and XRP test short-term support amid market-wide selling

Crypto Today: Bitcoin, Ethereum and XRP test short-term support amid market-wide selling

Cryptocurrency prices remain under intense selling pressure on Thursday, with Bitcoin struggling to hold above $81,000 after testing its key demand area near $80,000. Ethereum reflects Bitcoin’s weakening technical outlook, edging lower below $2,400.

Bitcoin slips below $81,000 amid inflation fears, ETF outflows

Bitcoin slips below $81,000 amid inflation fears, ETF outflows

Bitcoin extends losses, slipping below $81,000 on Thursday as hotter-than-expected US inflation data weigh on market sentiment. Institutional demand weakens as BTC spot ETFs recorded an outflow of over $261 million on Wednesday.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.