|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos— American Wrap 3 April

Bitcoin price tests 200-EMA for second day, increasing odds for further move south

Bitcoin (BTC) price is devoid of upward momentum, tethered to and testing a critical support as BTC bulls fail to show up on Wednesday. It comes amid anticipation for the halving event, estimated to be just over a week out.
Ethereum's price has been consolidating on Wednesday following its recent crash. The recent price movement follows Coinbase analysts raising concerns about "hidden risks" in restaking protocols and criticism labeled at the Ethereum Foundation after an article recommending adjustments to the ETH issuance curve.
ETH/USDT 1-hour chart
Crypto exchange Kucoin's latest reserve certificates, dated March 31, show a significant decline in its reserves of Bitcoin (BTC), Ethereum (ETH), and Tether USD (USDT). This decline is accompanied by increased outflow, which has seen Kucoin's market share drop more than 50% after charges from the US Department of Justice (DoJ) and the Commodity and Futures Trading Commission (CFTC).
 
 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

US Fed rate hike fears weigh on Bitcoin – TAO, ADA sustain gains

The broader cryptocurrency market maintains risk-off sentiment ahead of the US Federal Reserve interest rate decision on Wednesday. Bitcoin holds above $63,000 on Wednesday, while Bittensor and Cardano sustain gains from the previous day.

Bitcoin slips below support, Ethereum and XRP flash bearish signals

Bitcoin, Ethereum and Ripple remain under pressure on Wednesday after a mild correction earlier this week. BTC slips below a key support zone, and ETH is testing a key resistance zone. Meanwhile, XRP is drifting toward the psychologically important $1.00 support level.

Crypto hacks hit record high with 212 exploits in H1 2026
Crypto exploits hit a record high in H1 2026, with 212 incidents confirmed across several crypto projects, according to a Tuesday report from Blockaid. Average losses stood at $5.4 million, with a total of $1 billion in exploits in the first six months.
Bitcoin faces muted activity as BitMEX shutdown, FOMC uncertainty weigh on sentiment

Bitcoin eased below $64,000 on Tuesday as traders navigate exchange shutdowns and heightened uncertainty ahead of the Federal Reserve’s policy meeting, according to K33. In a report on Tuesday, K33 noted that BitMEX's decision to shut down marks the end of an important chapter for the crypto derivatives market.

Bitcoin: BTC holds firm, but the $100 Oil threat could change the game
Bitcoin (BTC) is modestly recovering, trading at $65,400 on Friday and holding firmly above the key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) supported BTC’s modest recovery as they continued to attract institutional inflows through Thursday, pointing to the third consecutive week of inflows.