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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Memecoins — Asian Wrap 20 January

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Memecoins — Asian Wrap 20 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin rallies to $104,000 as crypto traders gear for Donald Trump’s inauguration, here’s what to expect

Bitcoin (BTC) rallied to a high of $104,254 on Friday as traders anticipate a Trump-led rally with the inauguration event on Monday. The crypto community of traders, investors and businesses has pinned their hopes on the first-ever crypto president’s plan to designate crypto as a national priority. 

Ethereum Price Forecast: ETH likely to see increased demand as Pectra upgrade is set for March launch

Ethereum (ETH) traded above $3,400 on Friday following core developers' decision to roll out the Pectra upgrade in March. Meanwhile, ETH is looking to overcome the resistance near a key descending trendline that extends from mid-December.

Top meme coins Shiba Inu and PEPE rally as crypto market maintains bullish momentum

Top meme coins Shiba Inu (SHIB) and PEPE rallied above 10% on Friday as the crypto market looked strong heading into the weekend. A massive surge in open interest in both tokens indicates rising investors's optimism.

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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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Has Bitcoin really escaped the macro forces it was built to fight?

Has Bitcoin really escaped the macro forces it was built to fight?

Over 17 years ago, Satoshi Nakamoto designed Bitcoin on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?

Ethereum activates Glamsterdam on Sepolia testnet: Why the price is falling anyway

Ethereum activates Glamsterdam on Sepolia testnet: Why the price is falling anyway

Ethereum (ETH) has reached a key milestone in its next major network upgrade. The planned changes aim to improve Ethereum’s Layer 1 capacity and efficiency as network activity grows. The development comes as ETH retreats toward $2,500.

Bitcoin Weekly Forecast: Uptober or Rektober?

Bitcoin Weekly Forecast: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.

Ripple bulls gather recovery momentum amid returning ETF inflows

Ripple bulls gather recovery momentum amid returning ETF inflows

Ripple (XRP) trades largely in bearish hands on Friday near $1.40. Although the remittance token has stabilized after a sharp sell-off from weekly highs of $1.53 to lows around $1.32, the path of least resistance remains downward, unless buyers affirm a daily close above the pivotal $1.40 level.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.