Cryptocurrencies price prediction: Bitcoin, NEO & Ripple – European Wrap – 12 February
Bitcoin bulls inspired by Jay Powell's comments; $11,000 is the next major aim
BTC/USD is changing hands at $10,273, off the recent high reached at $10,485. The first digital currency has gained over 5% in recent 24 hours amid a strong bullish rally across the market. Notably, Bitcoin's market share dropped below 63% to 62.6% as many top altcoins demonstrated more spectacular results.
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NEO Price Analysis: NEO/USD moves within a long-term bullish trend; $15.00 within reach
NEO, the 19th largest digital asset with the current market capitalization of $1.03 billion has gained nearly 12% in the recent 24 hours amid strong bullish momentum. The coin hit $14.69 during early Asian hours, which is the highest level since July 2019. While the actual factors behind NEO's spectacular growth remain unknown, the coin is moving in sync with the bullish sentiments on the market.
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XRP/USD jumps above $0.2900 as Ripple boasts a partnership with the National Bank of Egypt
Ripple's XRP, the third-largest digital asset with the current market value of $12.5 billion has been gaining ground during early Asian hours. At the time of writing, XRP/USD is changing hands at $0.2880, off the recent high of $0.2922. The coin surpassed $0.2900 for the first time since early November 2019.
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