Cryptocurrencies Price Prediction: Bitcoin, Ripple & Tron — Asian Wrap 05 December

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Bitcoin soars past $100K as Trump nominates pro-crypto Atkin as next SEC chair

Bitcoin’s (BTC) price breaks its all-time high (ATH) of $99,588, surpassing its $100K milestone on Thursday after recovering from its recent pullback since last week. On Wednesday, announcing that Paul Atkins would replace Gary Gensler as Securities & Exchange Commission (SEC) Chair added fuel to BTC’s rally. BTC has entered price discovery mode, with analysts eyeing a target of $113,000.

Ripple's XRP may see a rebound after recent pullback; on-chain data suggests further upward potential

XRP traded near $2.4 on Wednesday as Ripple Labs clarified that its RLUSD stablecoin will not debut on exchanges despite a rumored launch among crypto community members. Amid a sharp decline in XRP's price, on-chain data shows the remittance-based token still has the potential to resume its rally.

Tron's TRX reaches new all-time high following increased on-chain activity and stablecoin volume

Tron's native token, TRX, saw massive gains on Wednesday, reaching a new all-time high of $0.43 as its monthly stablecoin transfer volume crossed $500 billion.

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Ripple risks extending drop as June lows come into view

Ripple (XRP) ticks down below $1.20 with short-term support at $1.16 intact at the time of writing on Thursday. An early-week rally was rejected at $1.28, weighing on sentiment as traders broadly de-risked.

Crypto Today: Bitcoin, Ethereum and XRP pare losses on increasing bets of Fed tighter monetary policy

Cryptocurrency prices are broadly moderating downwards on Thursday, as market participants assess the impact of the Fed’s hawkish monetary policy stance. Bitcoin edges lower, with support at $64,000 holding.

Bittensor Price Forecast: TAO closes in key support, risking deeper losses

Bittensor price edges below $250 at press time on Thursday, marking its fourth straight day of losses. The AI token is losing retail demand as TAO futures Open Interest dips over 8% in the last 24 hours.

Bitcoin slips below $64,000 as hawkish Fed stance weighs on risk appetite

Bitcoin remains under pressure, extending its correction, trading below $64,000 at the time of writing on Thursday. The US Fed left interest rates unchanged but struck a hawkish tone on Wednesday, dampening the risk sentiment.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.