Cryptocurrencies Price Prediction: Bitcoin, Ethereum Classic & Bonk Inu — Asian Wrap 10 January

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Fake SEC Bitcoin ETF Approval Tweet Breakdown: BTC whiplash causes $56 million liquidation in an hour

The spot Bitcoin ETF approval is a highly influential subject in the crypto market at the moment, and just what the market feared occurred when the Securities and Exchange Commission’s (SEC) account was hacked earlier today. Here is a breakdown of what happened, when it happened, and how the market reacted to it.

Ethereum Classic Price Forecast: Chances of 21% correction wane on bullish market momentum

Ethereum Classic price was seemingly adhering to the micro bearish reversal pattern, which failed despite the recent correction in the crypto market. The short-term outlook ahead of the spot Bitcoin ETF approval is now looking bullish as ETC is bouncing back from the crucial support of $19.33.

Solana meme coin Bonk Inu price defies ETF FUD and rallies 22%

Bonk Inu (BONK) price has inflated by 22% and hints that a further upswing is possible if key conditions are met. Interestingly, this rally comes amid fake ETF approval news from the compromised US Securities and Exchange Commission’s (SEC) social media account, X (formerly Twitter). Sidelined buyers might get the opportunity to buy the Solana-based meme coin BONK as a potential pullback could be underway.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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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.

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