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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Solana — Asian Wrap 30 January

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Solana — Asian Wrap 30 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin update: US Fed leaves rates unchanged, CME to attract investors with options on BTC Friday futures

Bitcoin (BTC) is up 3% on Wednesday following the Federal Reserve's (Fed) decision to leave interest rates unchanged at 4.25% - 4.50%, in line with expectations. Additionally, the Chicago Mercantile Exchange Group (CME) announced that it plans to launch options on its Bitcoin Friday futures on February 24.

Ethereum Price Forecast: ETH could rally 35% as investors anticipate a historically positive February

Ethereum (ETH) is trading around $3,100 on Wednesday, with indications that investors might be positioning for a potential rally in February. From a technical perspective, ETH could rise by 35% if it achieves a high-volume move above the resistance level of a falling wedge pattern.

Solana Price Forecast: Bulls raise $200M leverage after three-day losing streak

Solana price rebounded by a mild 3% on Wednesday, halting a 3-day losing streak, as markets reacted positively to the latest US Fed rate pause decision. Derivatives markets trends show aggressive leverage activity among bulls traders, signaling growing conviction on further SOL upside. 

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