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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.


Bitcoin

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.

NEO

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.

Ripple

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BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

BNB, formerly known as Binance Coin, continues to trade down around $855 at the time of writing on Tuesday, after a slight decline the previous day. Bearish sentiment further strengthens as BNB’s on-chain and derivatives data show rising retail activity.

Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

Aster, Midnight, and Ethena are the altcoins with the most losses over the last 24 hours, as the broader cryptocurrency market weakens amid Bitcoin dropping below $86,000. ASTER, NIGHT, and ENA risk further losses as selling pressure mounts and risk-off sentiment spreads across the crypto market.

Ethereum Price Forecast: BitMine acquires 102,259 ETH as price plunges 5%

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Strategy scoops about $1 billion in Bitcoin for second consecutive week

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