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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cetera – American Wrap 14 March

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cetera – American Wrap 14 March
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price corrects amid overwhelming evidence that Craig Wright is not Satoshi Nakamoto

Bitcoin (BTC) price recorded heightened volatility on Thursday during the early hours of the US session, coming on the back of reports that Craig Wright's claims that he is the creator of Bitcoin are false. 
Ethereum (ETH) price breached the $4,000 psychological level on Monday but has failed to hold above it this week despite four successive attempts. The thrust came on the heels of the ‘buy the rumor sell the news event’ as the network geared up for the Dencun Upgrade, deployed on March 13.
Spot Bitcoin exchange-traded funds (ETFs) remain the driving narrative even as the cryptocurrency market has its eyes peeled on the BTC halving that is barely five weeks out. Amid institutional interest in the BTC investment product, wealth managers demonstrate growing interest as they look to maximize their ability to satisfy customer needs.
 
 

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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 defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

XRP defends $1.30 support as Ripple partners with Arf to bring RLUSD settlement liquidity to XRPL

Ripple holds near recently confirmed support at $1.30 on Friday, as bulls eye a short-term recovery toward $1.40. The remittance token’s upside remains capped by structural levels, suggesting recovery would depend on whether buyers can sustain momentum.

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin Weekly Forecast: BTC extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot ETFs recording $442.67 million in net inflows through Thursday.

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Crypto Today: Bitcoin holds the 50-day EMA as Ethereum and XRP face structural resistance

Bitcoin gradually ticks up on Friday, trading above $81,000. The Crypto King has recently defended structural support near $80,000, reinforcing the prevailing bullish outlook. Ethereum similarly edges higher above $2,400, while Ripple trades above $1.32 after testing support around $1.30.

Pi Network holds modest gains as mixed technicals curb upside

Pi Network holds modest gains as mixed technicals curb upside

Pi Network (PI) price is up 2% on Friday, showing signs of recovery while the broader cryptocurrency market faces near-term weakness. The crypto market sentiment eases to neutral from bullish amid rising long liquidations.

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.