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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – European Wrap 15 April

Bitcoin Price Analysis: BTC/USD hangs in the balance, pennant pattern threatens freefall to $5,000

Bitcoin price is seating slightly above $6,900 amid a building bullish bias. The past couple of days have been particularly challenging for Bitcoin buyers as they struggled to sustain the price above $6,800 and $6,900. Moreover, gains towards $7,000 have been unattainable owing to the increasing selling activities.


BTC/USD price chart

Ethereum Price Analysis: ETH/USD posted gains in Q1 despite the biggest one-day sell-off on record

According to the recent research conducted by Messari, the crypto market is dominated by the broader economic environment and the uncertainty created by the coronavirus outbreak. However, the smart contracts sector showed some resilience. The key indices started recovering at the beginning of Q2.


ETH/USD

Litecoin Price Analysis: LTC added as a collateral on Binance Loan

Litecoin (LTC) has stayed mostly unchanged both on a day-to-day basis and since the beginning of Wednesday. The 7th largest digital asset with the current market value of $2.6 billion is changing hands at $41.00. The coin is moving with the short-term bearish bias maid shrinking volatility.

LTC/USD

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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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Ripple eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

Bitcoin Weekly Forecast: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move
Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.