|

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & SEC — American Wrap 23 April

Ethereum teases at rally as FTX ETH sale could be sell signal for investors

Ethereum (ETH) has continued showing signs of a potential rally on Tuesday as most coins in the crypto market are also posting gains. This comes amid speculation of a potential decline following FTX ETH sales and normalizing ETH risk reversals.
ETH/USDT 4-hour chart
Bitcoin (BTC) price strength continues to grow, three days after the fourth halving. Optimism continues to abound in the market as Bitcoiners envision a reclamation of previous cycle highs.

Two crypto industry groups Blockchain Association (BA)and the Crypto Freedom Alliance of Texas (CFAT) have filed a lawsuit against the Securities & Exchange Commission (SEC) in a federal court in Texas. 

The two groups are challenging the SEC’s new rule that broadens the definition of who the regulator considers as a “dealer” of securities. 

 

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

XRP extends multi-day decline as rising ETF inflows fail to offset profit-taking

XRP logs three consecutive days of declines, trimming last week's gains, and trades below $1.50. US-listed spot XRP ETFs record rising inflows, amounting to $76 million last week, but fail to cushion profit-taking headwinds.

Bitcoin dips as ETF inflows meet Fed headwinds

Bitcoin trades below $82,800 at the time of writing on Monday after gaining over 4% last week, with the rally losing momentum near recent highs. Strong institutional demand, supported by spot Bitcoin Exchange Traded Fund inflows, continues to drive demand.

Pi Network stalls below 50-day EMA as Protocol 28 upgrade nears

Pi Network extends losses below $0.090 on Monday, risking the 6% gains from last week's recovery. The Pi Core Team plans to roll out the next Protocol 28 upgrade on October 16, focused on improving transaction data handling and smart contract maintenance.

Crypto Today: Bitcoin, Ethereum and XRP edge lower despite strong institutional buying

Cryptocurrency prices are broadly moderating on Monday, with Bitcoin hovering below $83,000 at the time of writing. Ethereum and Ripple reflect BTC’s weakness, as sellers return, pushing prices below $2,650 and $1.50, respectively.

Bitcoin: BTC consolidates gains as ETF inflows hit highest level since October 2025
Bitcoin (BTC) price holds above $84,000 at the time of writing on Friday as it consolidates gains of over 4% so far this week. Institutional demand supports the bullish outlook, with spot Exchange Traded Funds (ETFs) recording a net inflow of $2.25 billion through Thursday, pointing to the highest weekly inflow since October 2025.