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Cryptocurrencies Price Prediction: Bitcoin, Sandbox and Cardano – European Wrap 17 February [Video]

Cryptocurrencies Price Prediction: Bitcoin, Sandbox and Cardano – European Wrap 17 February [Video]
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Bitcoin accumulation comes to halt as investors are cautious ahead of FOMC's next move

Bitcoin whales have halted their accumulation of the asset. Analysts believe the Bitcoin price rally could halt if the crypto winter begins. 

Sandbox price positioned perfectly for a 30% gain

Sandbox price has bounced off two crucial support levels, suggesting a reversal is around the corner. The run-up that evolves from this barrier will likely propel SAND to slice through immediate hurdles and collect liquidity.

 
SAND/USDT 4-hour chart

Cardano responds to DeFi hacks doubling its bug bounty for security vulnerabilities

Following the $322 million DeFi hack, cryptocurrency networks have offered higher bug bounties to protect against attacks. The Cardano network recently doubled its bug bounty, inviting hackers to spot security vulnerabilities on the blockchain. 

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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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Bitcoin hits $85,000 as rally gains momentum, but liquidity risks linger

Bitcoin hits $85,000 as rally gains momentum, but liquidity risks linger

Bitcoin claims the $85,000 level on Monday after gaining 5.64% and closing above the 50-week SMA at $78,200 the previous week. US-listed spot Bitcoin ETFs recorded mild $6.21 million inflows last week, showing resilience despite the CLARITY Act setback and hawkish Fed outlook.

Ripple extends rally toward $1.50 as derivatives activity rises despite ETF outflows

Ripple extends rally toward $1.50 as derivatives activity rises despite ETF outflows

Ripple (XRP) holds a strong bullish picture, rising to trade near $1.50 on Monday. The remittance token marks four consecutive days of gains, supported by robust momentum indicators and increased risk appetite in the broader cryptocurrency market.

Crypto Today: Bitcoin, Ethereum, XRP hold bullish outlook amid improving ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP hold bullish outlook amid improving ETF inflows

Cryptocurrencies are broadly rising on Monday, led by Bitcoin’s (BTC) surge to $85,000. Altcoins are following BTC’s bullish trend, with Ethereum (ETH) trading above $2,700 and Ripple (XRP) holding steady at $1.47.

Pi Network rebound gains steam on broader market recovery

Pi Network rebound gains steam on broader market recovery

Pi Network is up 4% on Monday, advancing its near-term recovery after a 2% rebound the previous day. The broader cryptocurrency market's recovery, with Bitcoin hitting an eight-month high of $85,000, is boosting investors’ risk appetite for high-risk crypto assets like the PI token.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed

Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.