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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Shiba Inu — Asian Wrap 10 May

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Shiba Inu — Asian Wrap 10 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price coils for the next move as investors await CPI Inflation data release

US Consumer Price Index (CPI) data release is almost here, slated for May 10 at 8:30 a.m. EST. All eyes in the market stand in anticipation, including the crypto market. Bitcoin price is pushing the breaks as investors wait for Federal Reserve’s (Fed) announcement that could determine the next move for BTC and the wider market.

Ethereum MEV-burn upgrade could reap big rewards for investors

Ethereum (ETH) developers plan to launch a new upgrade, christened MEV-burn, to solve the Miner Extractable Value (MEV) issue while further reducing Ethereum supply.

Shiba Inu price could be on the path to recovery after $2.5 billion SHIB slip into loss

Shiba Inu price has inched lower towards a key support line that truly acts as the last line of defense before SHIB enters uncharted territory. However, there is a chance that investors might deflect this possibility as their increasing unrealized losses might lead them to refrain from selling, providing the foundation for a recovery to take shape.

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