Cryptocurrencies price prediction: Bitcoin, Litecoin & Ethereum – European Wrap – 13 February
Bitcoin Price Analysis: BTC/USD bulls in tactical retreat, critical support at $9,600
Bitcoin (BTC) has reversed the gains of the previous day amid massive sell-off. The first cryptocurrency lost nearly $500 in a matter of hours and hit the intraday low at $10,095. At the time of writing, BTC/USD is changing hands at $10,170, down nearly 1.5% since the beginning of the day.
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Litecoin Price Analysis: LTC/USD lost over $6 in a matter of hours
Litecoin (LTC) fell victim to massive volatility in the cryptocurrency market. The 7th largest coin with the current market value of $5 billion hit a new high of 2020 at $84.50 and dropped like a stone to $77.25 in a matter of hours. At the time of writing, LTC/USD is changing hands at $78.33, down nearly 3% since the beginning of the day.
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Ethereum Market Update: ETH/USD blast to $280 cut short as bears maul it under $260
Ethereum has more than doubled in value since the beginning of the year. Prior to the current bearish action, ETH had spiked over 122% (approximately a jump by $151). Unfortunately, the surge that started on Wednesday fizzled under $280. Sustaining upside action became incredibly difficult especially amid the widespread correction in the market.
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