|

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

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. 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

XRP bulls retain control as whale demand breaks out

Ripple (XRP) ticks higher on Wednesday and trades near $1.60, aligning with the broader crypto market’s bullish outlook. The token builds on a strong technical outlook, reinforced by uptrending moving averages and key momentum indicators.

NEAR partners with Ondo to bring tokenized US stocks, ETFs with confidential execution

Near Protocol announced a partnership with Ondo to bring tokenized US stocks and ETFs into one confidential account. The launch reflects NEAR Protocol’s focus on privacy as US regulators are making room for on-chain trading and purpose-built crypto market infrastructure.

Crypto Today: Bitcoin and Ethereum consolidate gains as XRP extends breakout

Bitcoin is moderating on Wednesday, trading near $86,000 as the crypto market broadly consolidates. Ethereum mirrors BTC’s stable outlook, holding above $2,700. Ripple (XRP), meanwhile, edges higher for the sixth consecutive day.

Hyperliquid pulls back from record high as rally eyes $100

Hyperliquid edges below $97 on Wednesday after hitting a record high of $98.03, following a 3% rise the previous day. DeFiLlama data shows Hyperliquid as the leading DeFi protocol by revenue, excluding stablecoins.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed
Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.