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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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Pi Network Price Forecast: Bearish streak nears critical support trendline

Pi Network Price Forecast: Bearish streak nears critical support trendline

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Top Crypto Gainers: Zcash rallies as MYX Finance, Dash test critical EMA levels

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Zcash , MYX Finance, and Dash are the top-performing assets in the top 100 cryptocurrency list over the last 24 hours. The privacy coin leads the rally while MYX and DASH struggle to clear their 100-day Exponential Moving Averages (EMA).

XRP slides amid record on-chain activity, mixed technical signals

XRP slides amid record on-chain activity, mixed technical signals

Ripple is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual DEX had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.