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

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

Bitcoin price forecast: BTC dips as ETF inflows meet Fed headwinds

Bitcoin (BTC) trades below $82,800 at the time of writing on Monday after gaining over 4% last week, with the rally losing momentum near recent highs. Strong institutional demand, supported by spot Bitcoin Exchange Traded Fund (ETF) inflows, continues to drive demand. However, elevated US Treasury yields and expectations of further Federal Reserve (Fed) tightening could weigh on the Crypto King’s upside.

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Pi Network Price Forecast: PI stalls below 50-day EMA as Protocol 28 upgrade nears

Pi Network (PI) extends losses below $0.090 on Monday, risking the 6% gains from last week's recovery. The Pi Core Team plans to roll out the next Protocol 28 upgrade on October 16, focused on improving transaction data handling and smart contract maintenance. Pi Network must reclaim the 50-day Exponential Moving Average (EMA) at around $0.091 to extend its recovery toward the $0.1000 psychological threshold.

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Crypto Today: Bitcoin, Ethereum and XRP edge lower despite strong institutional buying

Cryptocurrency prices are broadly moderating on Monday, with Bitcoin (BTC) hovering below $83,000 at the time of writing. Ethereum (ETH) and Ripple (XRP) reflect BTC’s weakness, as sellers return, pushing prices below $2,650 and $1.50, respectively.

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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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Solana Price Forecast: Bearish grip tightens on SOL amid broader market sell-off

Solana Price Forecast: Bearish grip tightens on SOL amid broader market sell-off

Solana is down 4% on Friday, extending losses below $80 and marking a nearly 10% decline so far this week. The broader cryptocurrency market is seeing heavy selling, with Bitcoin diving below $70,000 and wiping out more than $1 billion in the derivatives market. This adds to the sell-side dominance in SOL futures amid persistent outflows.

Cardano Price Forecast: On-chain and derivatives weakness point to further ADA downside

Cardano Price Forecast: On-chain and derivatives weakness point to further ADA downside

Cardano extends losses, trading below $0.169 on Friday, with losses nearing 4% so far this week. Moreover, ADA is heading into its sixth consecutive weekly correction, down more than 30% since early October.

Top 3 Price Predictions: BTC, ETH and XRP extend losses as downside momentum dominates

Top 3 Price Predictions: BTC, ETH and XRP extend losses as downside momentum dominates

Bitcoin, Ethereum, and Ripple extend their sell-off on Friday as bearish momentum gathers. BTC breaks below the $70,000 psychological threshold, while ETH loses the $2,000 support level, raising the risk of further losses. Meanwhile, XRP continues to slide as sellers maintain control, threatening a deeper correction toward $1.00.

Hyperliquid gains on centralized exchanges as open interest crosses $18B

Hyperliquid gains on centralized exchanges as open interest crosses $18B

Hyperliquid's (HYPE) open interest climbed to a record $18.1 billion in September as the decentralized exchange gained ground against major centralized trading platforms, with its share of combined open interest across eight leading exchanges rising to 11.7% in Q3.
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.