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

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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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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