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Cryptocurrencies Price Prediction: Bitcoin, OpenAI & Crypto – European Wrap 13 September

Cryptocurrencies Price Prediction: Bitcoin, OpenAI & Crypto – European Wrap 13 September
FXStreet TeamFXStreet TeamFXStreet

Bitcoin and Ethereum traders could watch this signal for the next bull run

Crypto mining is the process by which new Bitcoin and Ethereum enter circulation. Data from crypto intelligence tracker shows that wallets of Bitcoin and Ethereum miners noted a decline in their holdings of the assets in the first half of the year. 

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OpenAI releases new series of models, likely driver of Artificial Intelligence tokens market cap

OpenAI, an American artificial intelligence research organization headed by Sam Altman of the Worldcoin (WLD) project, made a key announcement on September 12. The AI firm offered a preview of a new series of models that reason better and tackle difficult problems compared to older models.

Crypto market calm

Cryptocurrency market capitalisation has changed little over the past 24 hours, falling 0.1% to $2.03 trillion. The sentiment index remains in the ‘Fear’ territory despite rising 1 point to 32 on Friday.

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FXStreet Team

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.