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

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

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Crypto Today: Bitcoin, Ethereum, XRP stay under pressure as investors turn more risk-averse

The cryptocurrency market trades under intense headwinds on Wednesday, led by Bitcoin’s (BTC) deepening sell-off below $60,000. The Crypto King hovers above $58,000.

Pi Network holds on thin ice with 76 million tokens ready to be unlocked

PI is holding steady around $0.1150 on Wednesday, stabilizing after three consecutive days of losses of around 10%. Pi remains under pressure, with more than 76 million tokens scheduled for unlocking in June, potentially accelerating the bearish trend.

Bitcoin sinks to 21-month low amid ETF outflows, US-Iran peace uncertainty

Bitcoin stabilizes around $59,000 after falling to a 21-month low of $57,800 on Wednesday. Geopolitical uncertainty remains elevated after Iran ruled out talks with US envoys, clouding prospects for a peace agreement and keeping risk sentiment fragile.

Jupiter positions for a trend reversal as network activity picks up

Jupiter is up 6% on Wednesday, crossing above its 200-day EMA at $0.2192. Network data shows a spike in monthly revenue and fees in June to a three-month high.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin has remained under pressure this past week, losing over 5% as traders assess mixed signals from different parties involved in the Middle East conflict.