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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Hyperliquid — Asian Wrap 23 October

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Hyperliquid — Asian Wrap 23 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin could see a sharp drop below $100,000 by weekend: Standard Chartered

Bitcoin (BTC) declined toward $107,000 on Wednesday, as Standard Chartered's Geoffrey Kendrick predicted an "inevitable" drop below $100,000, noting it would be the last time the top cryptocurrency reached such levels.

Ethereum Price Forecast: ETH Foundation wallet switch sparks $700 million profit realization

Ethereum (ETH) briefly dropped below $3,800 on Wednesday following a spike in profit-taking triggered by the protocol's Foundation moving about $650 million worth of ETH.

Top Crypto Gainers: Hyperliquid, BNB, Monero rise as resistance levels come into play

Hyperliquid (HYPE), BNB (previously known as Binance coin), and Monero (XMR) are staging minor recoveries as the broader crypto market trades in the red. Technically, the recovery in HYPE, BNB, and XMR emerges as selling pressure cools down, but overhead resistance poses the risk of bearish turnaround, which could extend the prevailing decline. 

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BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

BNB, formerly known as Binance Coin, continues to trade down around $855 at the time of writing on Tuesday, after a slight decline the previous day. Bearish sentiment further strengthens as BNB’s on-chain and derivatives data show rising retail activity.

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Aster, Midnight, and Ethena are the altcoins with the most losses over the last 24 hours, as the broader cryptocurrency market weakens amid Bitcoin dropping below $86,000. ASTER, NIGHT, and ENA risk further losses as selling pressure mounts and risk-off sentiment spreads across the crypto market.

Ethereum Price Forecast: BitMine acquires 102,259 ETH as price plunges 5%

Ethereum Price Forecast: BitMine acquires 102,259 ETH as price plunges 5%

Ethereum (ETH) treasury company BitMine Immersion scaled up its digital asset stash last week after acquiring 102,259 ETH since its last update. The purchase has increased the company's holdings to 3.96 million ETH, worth about $11.82 billion at the time of publication.

Strategy scoops about $1 billion in Bitcoin for second consecutive week

Strategy scoops about $1 billion in Bitcoin for second consecutive week

Bitcoin (BTC) treasury and financial intelligence firm Strategy expanded its holdings following another round of weekly accumulation.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

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.