TRENDING:
ADP Report
US midterms
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & IOTA – European Wrap 21 April

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & IOTA – European Wrap 21 April
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: BTC/USD resilient in the face of dramatic oil collapse into the negative territory

While WTI crude oil futures went into negative territory in an unprecedented market crash, Bitcoin remained relatively stable. The first digital coin lost about 4.5% of its value in the recent 24 hours and retreated below $7,000 amid worsened sentiments on the global markets, but the general trend remains bullish. 


BTC/USD

Ethereum Price Analysis: ETH/USD jumps off from the upside trend line, $200.00 still on bulls' radar

Ethereum hit the intraday low at $169.82 during early Asian hours only to recover to the area above $174.84. At the time of writing, ETH/USD is changing hands at $171.00. Despite the recovery, ETH is still down 5% on a day-to-day basis. Ethereum's market value is registered at $19.1 billion, while an average daily trading volume settled at $20.0 billion.


ETH/USD

IOTA Market Update: IOT/USD grinds to the pivotal $0.16 level, targets $0.18

IOTA is among the most improved cryptocurrencies on Tuesday following a retreat from the current pivotal level at $0.16. The month of April has been kind to the digital asset as the bulls pull away from the lows hit in March around $0.0766.
 

BTC/USD price chart

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

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana Price Forecast: SOL slides below $92 as downside risk grows

Solana remains under pressure, trading below $92 on Wednesday and declining more than 3.5% so far this week. Muted demand for US-listed spot Solana Exchange Traded Funds, rising short positions and overheated market conditions continue to weigh on sentiment, limiting recovery attempts.

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Top 3 Price Predictions: BTC tests critical support, ETH struggles below resistance, XRP extends losses

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday as bearish momentum continues to weigh on prices. BTC approaches key support around $76,466, and a decisive close below could open the door to deeper losses. Meanwhile, ETH struggles below key resistance while XRP faces rejection at the upper trendline of a falling channel pattern, all hinting at deeper losses.

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin struggles to capitalize on US Dollar weakness as Democrats advance in US midterms

Bitcoin is down nearly 2% trading below $76,000, and testing the 200-day Exponential Moving Average baseline near $76,501. Bitcoin’s pullback aligns with the weakness in the US Dollar, which typically provides tailwinds for risk-sensitive assets. The selling pressure aligns with the US midterm elections as early results point to Democrats leading gains in both houses.

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid Price Forecast: HYPE eyes $78.4 support as CFTC approves US equity perpetuals

Hyperliquid (HYPE) trades at $81.73 as US regulators open another route for perpetual futures, allowing contracts tied to individual stocks to trade on qualifying domestic exchanges.
Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.