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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cardano– American Wrap 25 August

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cardano– American Wrap 25 August
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: How Biden's debt relief program could trigger the next BTC rally

Bitcoin price macro potential is still very much intact. As a response to President Biden’s debt relief program, investors may finally exercise bravery in the free markets once again.


 

Ethereum price recaptures $1,700, riding on the upcoming software upgrade – the Merge

Ethereum price is holding firmly to support at $1,700 several days after a significant slump from levels slightly above $2,000 to $1,530. This momentum ETH exhibit ascribes to an upcoming software upgrade called the Merge. Investors seem to be in unison about the Merge positively impacting Ethereum price – bringing relief amid obvious bear market uncertainties.

Cardano price: Vasil hard fork knocking on the door, buy the rumor?

Cardano holders await the Vasil hard fork, considered a game changer for the Ethereum-killer network. The altcoin’s upgrade could act as a bullish trigger for ADA price, therefore, traders have an opportunity to buy the rumor. 

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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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Bitcoin Price Forecast: BTC extends pullback as profit-taking weighs

Bitcoin Price Forecast: BTC extends pullback as profit-taking weighs

Bitcoin (BTC) trades below $84,000 at the time of writing on Thursday, extending the pullback for the third consecutive day as profit-taking weighs in. Despite the price correction, strong institutional demand alongside sustained accumulation by the 100–1,000 BTC holder cohort could support the Crypto King.
XRP is flashing three bullish signals heading into a historically weak October

XRP is flashing three bullish signals heading into a historically weak October

XRP (XRP) is still flashing 3 bullish signals across its holders, derivatives, and ETF data. These signals come as the token gave back part of its September gains on Thursday. The token traded near $1.50 at press time, down about 6.3% over 24 hours, according to BeInCrypto Markets data. The pullback still leaves XRP up over 15.6% on the week, a gain that tracks a broader market rally.
Crypto Today: Bitcoin, Ethereum, and Ripple – Bulls start to lose control

Crypto Today: Bitcoin, Ethereum, and Ripple – Bulls start to lose control

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Thursday after losses of 2% to 4% the previous day. The major cryptos are starting to lose bullish control in the near term so far this week, despite the institutional funds witnessing steady inflows. The technical outlook for Bitcoin, Ethereum, and Ripple indicates near-term downside risk.
Litecoin token has its moment as network activity booms

Litecoin token has its moment as network activity booms

Litecoin, the cryptocurrency considered silver to Bitcoin's gold, and one that's often missing from day-to-day crypto discussions, has bucked the broader market weakness over the past 24 hours. LTC currently ranked 24th largest by market cap, has gained nearly 8% to $66 in 24 hours, the highest since January.
Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

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.