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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos – American Wrap 11 March

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos – American Wrap 11 March
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price gains momentum after LSE plans to open applications for BTC and ETH ETNs in Q2 2024

Bitcoin (BTC) price continues to gain strength, foraying north as markets continue to count new peaks. The Monday surge follows reports by the London Stock Exchange and business intelligence firm MicroStrategy. 
Hello fellow traders. In this technical article we’re going to take a look at the Elliott Wave charts charts of ETHUSD published in members area of the website.  As our members know Ethereum has given us 3 waves pull back recently that found buyers right at the Blue Box ( Buying Area).  We have been favoring the long side due to impulsive bullish sequences the crypto is showing in the cycle from the October 2023 low. In further text we’re going to explain the short term Elliott Wave forecast and trading setup.
Former US President Donald Trump has shifted his stance on Bitcoin. From referring to the largest asset by market capitalization as a “scam,” Trump says the asset has seen a lot of use. The Former President shared his thoughts on Bitcoin in a recent CNBC interview. 
 
 

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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 bulls retain control as whale demand breaks out

XRP bulls retain control as whale demand breaks out

Ripple (XRP) ticks higher on Wednesday and trades near $1.60, aligning with the broader crypto market’s bullish outlook. The token builds on a strong technical outlook, reinforced by uptrending moving averages and key momentum indicators.

NEAR partners with Ondo to bring tokenized US stocks, ETFs with confidential execution

NEAR partners with Ondo to bring tokenized US stocks, ETFs with confidential execution

Near Protocol announced a partnership with Ondo to bring tokenized US stocks and ETFs into one confidential account. The launch reflects NEAR Protocol’s focus on privacy as US regulators are making room for on-chain trading and purpose-built crypto market infrastructure.

Crypto Today: Bitcoin and Ethereum consolidate gains as XRP extends breakout

Crypto Today: Bitcoin and Ethereum consolidate gains as XRP extends breakout

Bitcoin is moderating on Wednesday, trading near $86,000 as the crypto market broadly consolidates. Ethereum mirrors BTC’s stable outlook, holding above $2,700. Ripple (XRP), meanwhile, edges higher for the sixth consecutive day.

Hyperliquid pulls back from record high as rally eyes $100

Hyperliquid pulls back from record high as rally eyes $100

Hyperliquid edges below $97 on Wednesday after hitting a record high of $98.03, following a 3% rise the previous day. DeFiLlama data shows Hyperliquid as the leading DeFi protocol by revenue, excluding stablecoins.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.