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Cryptocurrencies Price Prediction: Bitcoin, PI & Crypto – European Wrap 28 October

Cryptocurrencies Price Prediction: Bitcoin, PI & Crypto – European Wrap 28 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC reclaims $81,000 as traders await Fed policy decision, Big Tech earnings

Bitcoin (BTC) reclaimed $81,000 on Wednesday, extending its recovery as investors wait for the Federal Reserve (Fed) monetary policy decision and upcoming Big Tech earnings. Institutional demand showed mild bullish signs, with spot Bitcoin Exchange Traded Funds (ETFs) recording a second consecutive day of inflows this week. 

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Pi Network Price Forecast: PI stalls as Core Team expands investment fund to Axis Robotics

Pi Network (PI) hovers around $0.0766 on Wednesday, holding steady after a roughly 2% rebound on Monday. Axis Robotics officially confirmed that it has received seed investment from Pi Ventures, which focuses on the technical integration of AI and robotics. The technical outlook for PI is mixed, as the price remains capped below a long-term resistance trendline, but selling pressure is waning.

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Crypto Today: Bitcoin, Ethereum, XRP recover ahead of Fed decision

Bitcoin (BTC) has renewed its advance above $81,000 on Wednesday, lifting sentiment across the cryptocurrency market ahead of the upcoming Federal Reserve’s (Fed) interest rate decision.

Ethereum (ETH) follows in Bitcoin’s footsteps, rising toward $2,400 as bulls appear to increase exposure. Ripple (XRP) is similarly edging higher above $1.33, backed by improving momentum indicators.

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FXStreet Team

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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NEAR Protocol Price Forecast: NEAR rebounds on the launch of India’s biggest IPO, Jio Platforms perps

NEAR Protocol Price Forecast: NEAR rebounds on the launch of India’s biggest IPO, Jio Platforms perps

NEAR Protocol price ticks higher extending its roughly 3% rebound from the previous day. NEAR Intents launched confidential trading of India’s biggest IPO, Jio Platforms, perpetual contracts on Tuesday. Institutional investors' activity shows mild profit-taking after nearly $5 million in outflows on Tuesday.

Top 3 Price Predictions: BTC, ETH and XRP recover as Big Tech earnings take center stage

Top 3 Price Predictions: BTC, ETH and XRP recover as Big Tech earnings take center stage

Bitcoin, Ethereum, and Ripple extend their recovery on Wednesday as investors turn their attention to major technology companies' earnings reports. Microsoft and Alphabet are due to report their Q3 earnings on Wednesday, followed by Amazon on Thursday.

Pepe Price Forecast: PEPE climbs as Justin Sun-linked wallets spark bullish sentiment

Pepe Price Forecast: PEPE climbs as Justin Sun-linked wallets spark bullish sentiment

Pepe surges over 15% so far this week, trading above $0.00000494 as bulls remain in control. Improving derivatives metrics and rising social dominance signal bullish sentiment, amid reports that Justin Sun-linked wallets hold almost 3% of the PEPE supply. In addition, strengthening bullish momentum suggests further upside for the meme coin.

Ethereum ETFs near record monthly outflows as ETH tests $2,310

Ethereum ETFs near record monthly outflows as ETH tests $2,310

Ethereum (ETH) held steady on Tuesday, consolidating at $2,340, just above $2,300 after last week’s decline. Three measures sit within about $18 of each other: ETH’s realized price at $2,310, the 200-day Exponential Moving Average (EMA) at $2,315, and the $2,328 average cost basis of wallets holding 1K-10K ETH.
Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.