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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Binance Coin — Asian Wrap 26 January

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Binance Coin — Asian Wrap 26 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin wallets show signs of capitulation as BTC price trades in tight range close to $40,000

Bitcoin price is range bound close to the psychologically important $40,000 level, nearly two weeks post Spot ETF approval by the Securities and Exchange Commission. Retail traders holding less than 1 BTC have shed their holdings, evident by the decline in Bitcoin wallets since October 2023. 

Ethereum price eyes 5% swing south as SEC delays Grayscale spot ETH ETF

Ethereum (ETH) price has been rolling down a cliff since January 12 when news of Grayscale Bitcoin Trust (GBTC) redemptions broke. The slump has seen Ether fall out from below the confines of a bullish technical formation, but that could end soon as the spot ETH exchange-traded funds (ETFs) theme gathers momentum.

Binance Coin price approaches critical mass, 18% move ahead for BNB

Binance Coin (BNB) price correction is close to forming a local bottom, which could trigger a quick and volatile recovery rally. 

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Bitcoin: Fed delivers, yet fails to impress BTC traders

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.