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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Ethereum – Asian Wrap 1 Oct

Bitcoin Price Forecast: BTC remains sluggish, yet solid

The premier cryptocurrency remains limbo as it trends between $10,825 and the SMA 20 curve. While the MACD shows sustained bullish momentum, it seems unlikely that the buyers will be able to push the price above the $11,075 resistance line and the SMA 50 curve.

Ripple Price Analysis: XRP sits at a critical point to determine its future

The month of September hasn't been the greatest for the cross-border currency. XRP lost roughly $3 billion in market capitalization over the past month. The digital asset currently stands at a crucial point that will determine its short-term future.

Ethereum continues to reign the DeFi market, but TRON’s network activity skyrockets

After the total DeFi market capitalization exploded, surpassing $15 billion, several prominent projects announced the launch of their own DeFi products. TRON was one of the most recent ones to join the DeFi craze with SUN Genesis mining.

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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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Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Bitcoin extends gains above $80,000 as broader market risk-on sentiment persists. The scarce asset could extend its rally as the US Treasury combats high yields in the long-dated bond market, with further interventions on the horizon. Aerodrome Finance and Virtuals Protocol emerged as top performers over the last 24 hours.

Ripple and Stellar outlook: Key breakouts could fuel the next rally

Ripple and Stellar are showing signs of renewed strength after rallying over 53% and 27% in the previous week. Meanwhile, both altcoins are approaching key technical levels on Tuesday that could determine their next move. However, mixed on-chain signals with a slight bearish tilt suggest traders remain cautious amid the recent price gains.

Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gains

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Strategy raises $2B, pauses Bitcoin purchases

Strategy (MSTR) raised more than $2 billion through its latest share sales but did not purchase any Bitcoin during last week, instead allocating part of the proceeds to a newly established USD Cash pool.

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.