|

Cryptocurrencies price prediction: Bitcoin, Ethereum, Cryptos - American Wrap 06 Dec

ETH overcomes key hurdle as ETF and staking inflows improve

Ethereum (ETH) is down 1% on Thursday despite rallying in the European session to overcome a key descending trendline resistance that has lasted for three years. The top altcoin has seen increased bullish sentiment across staking protocols and ETH ETFs. However, Chicago Mercantile Exchange (CME) data reveals that the ETH basis trade may have fueled the high ETF inflows.
CME Open Interest ETH Futures (Short)

Crypto Today: DOGE, BCH and LTC emerge as top gainers with Bitcoin’s $100K breakout sparking PoW rally

Bitcoin price breached the $100,000 milestone on December 4, as investors reacted positively to news of Trump nominating Paul Atkins for the Securities & Exchange Commission (SEC), viewed as a crypto-friendly replacement for Gary Gensler. BTC’s remarkable record triggered mixed reactions within the altcoin market.

Why Ethereum could break all-time high after Bitcoin's rally to $104,000

Ethereum (ETH) is hovering close to the $4,000 level early on Thursday. The second-largest cryptocurrency is gearing to test its 2021 peak at $4,868. Technical indicators support a bullish thesis for Ethereum. 
ETH/BTC price chart

Author

More from FXStreet Team
Share:

Editor's Picks

XRP consolidates above $2.00 as on-chain and derivatives activity decline

Ripple (XRP) is trading sideways above support at $2.00 at the time of writing on Tuesday. Recovery has remained elusive despite steady inflows into spot Exchange Traded Funds (ETFs), which have cumulatively attracted $1.23 billion.

Privacy coins set to take the lead in 2026 as regulation accelerates demand for on-chain anonymity

The segment of privacy coins outperforms the broader cryptocurrency market, with a roughly 290% rise in 2025. The rising user count on the cryptocurrency tumbler Tornado Cash amid regulatory pushes, such as the 2025 GENIUS Act, reflects a surge in demand for privacy.

Crypto Today: Bitcoin, Ethereum build breakout momentum, XRP lags amid mild ETF inflows

Bitcoin has risen, stepping above $92,000 at the time of writing on Tuesday, reflecting mild price increases across the crypto market. The leading altcoin by market capitalisation, Ethereum, is also edging higher above $3,100, while Ripple remains stable above support at $2.00.

Bitcoin extends gains amid fresh ETF inflows, Strategy boosts accumulation

Bitcoin price trades above $92,000 on Tuesday after finding support around a previously broken horizontal channel pattern. US-listed spot ETFs recorded a fresh inflow of $116.67 million on Monday, while Strategy added 13,627 BTC, highlighting growing investor confidence.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.