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Cryptocurrencies Price Prediction: Bitcoin, Monero, and Uniswap – European Wrap 6 October

Cryptocurrencies Price Prediction: Bitcoin, Monero, and Uniswap – European Wrap 6 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Analysis: Bulls don't give up as BTC fails to capitalize on the stock market rally

The global stock markets retreated after a wild rally on Monday, caused by the news that Donald Trump returned to the White House. The U.S. President spent three days at a military hospital as he received treatment for Covid-19. The aides and official plan to restrict the physical access to Trump as he continues recovering. Read More ...

Monero Price Analysis: Cryptojackers play a dirty trick on XMR as bulls hit the brick wall

The researchers from Unit 42, the global threat intelligence team at Palo Alto Networks, discovered a new version of cryptojacking malware for named Black-T. The virus is created by a group known as TeamTnT specializing in stealing Amazon credentials and mining Monero (XMR) on the infected device. Read more ...


Uniswap Price Prediction: UNI looks poised for a rebound after significant sell-off

UNI was created by Uniswap and was airdropped to everyone that used the exchange before September 1. As a free airdrop, the token was expected to face a lot of selling pressure, however, the price has remained quite strong despite this fact. Read more ...

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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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Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin Weekly Forecast: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery

XRP falls toward key support as macro uncertainty, weak momentum cap recovery

Ripple (XRP) falls below $1.33 on Friday, marking the third consecutive day of declines. The token continues to track the broader cryptocurrency market downturn, with investors closely monitoring heightened macroeconomic uncertainty ahead of the United States (US) Consumer Price Index (CPI) release and next week’s Federal Reserve (Fed) monetary policy decision.
Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

Crypto Today: Bitcoin, Ethereum, XRP stabilize at lower levels amid ETF outflows and macroeconomic risks

The broader cryptocurrency market is rising on Friday, with Bitcoin (BTC) trading above $77,000 after testing lower support near $76,500. Ethereum (ETH) shows signs of stability, hovering above the support provided at $2,400 despite capped upside at $2,500. Meanwhile, Ripple (XRP) holds above $1.33 after three straight days of declines, reflecting growing headwinds due to macroeconomic uncertainty.
Bitcoin pulls back as another golden cross fails to deliver

Bitcoin pulls back as another golden cross fails to deliver

Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.