Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Litecoin – European Wrap 29 June


Bitcoin Price Update: Speculators buy BTC/USD on dips below $9,000

BTC/USD is changing hands at $9,100 after a short-lived dip tothe lowest level since the end of May $8,823 on the weekend. Bitcoin has stayed mostly unchanged both on a day-to-day basis and since the beginning of Monday as the market waits new clues to find out where to go next.

 

BTC/USD

Litecoin Market Analysis: The number of non-zero LTC wallets exploded in the recent week

Litecoin is the seventh largest digital asset with the current market value of $2.6 billion and an average daily trading volume of $1.3 billion. The coin hit the recent low of $39.44 on June 27 and recovered above $40.00 by the time of writing. LTC/USD has barely changed both on a day-to-day basis and since the beginning of the day amid slow market activity. 

 

LTC/USD

Ethereum Market Report: Ethereum needs to tackle scalability issue to hold the leadership

Investor and Cryptocurrency researcher Qiao Wang warned that Ethereum might lose its leading position if it fails to roll out ETH 2.00 update and tackle the scalability issues. The expert believes that Ethereum’s high fee charges and often network congestion create opportunities for innovative projects to flourish.

 

ETH/USD

 

 

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Editors’ Picks

BTC/USD bulls stay in control for the second straight day

BTC/USD bulls have remained in charge for the second straight day as the price went up from $9,237 to $9,245 in the early hours of Thursday. The Elliott Oscillator has had two consecutive green sessions, which shows that ...

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Ripple Price Analysis: XRP/USD bulls try to conquer the $0.1772 resistance level

XRP/USD bulls have retained control for the second straight day as the price has gone up slightly from $0.1766 to $0.1767. The price is trending in a narrow channel between the $0.1772 resistance ...

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Ethereum Market Update: ETH/USD jumps above $230

As per Santiment, the number of unique addresses interacting with Ethereum recently went through a massive spike, reaching a single-day high of 486,000. The last significant high was achieved on May 5th, 2018.

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IOT/USD bulls target $0.2300 amid strong recovery

IOTA hit the recent high at $0.2272 on Tuesday and retreated to $0.2246 by the time of writing. Despite the retreat, IOTA has gained over 5% on a day-to-day basis. 

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Bitcoin Weekly Forecast: US stocks and Bitcoin options to define Bitcoin's future

Bitcoin bottomed at $8,899 on Thursday, June 25, and recovered to $9,200 by the time of writing. While the pivotal $9,000 remains unbroken, the coin has been oscillating in a tight range for about two weeks now.

Read the weekly forecast

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