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Cryptocurrencies Price Prediction: Bitcoin, SEI & Crypto – European Wrap 23 February

FXStreet Team FXStreet

Bitcoin Weekly Forecast: BTC likely to correct to $50,000 soon

Bitcoin (BTC) price action over the past eight days signals a lack of volatility and reduced liquidity. This coiling up could lead to a steep correction in the near future for BTC.

Also read: Bitcoin price eyes $48,000 as European Central Bank tears down at BTC after spot ETF approval.

SEI, Omni Foundation propose standard to unify Ethereum NFTs

Sei Labs and Omni Foundation have proposed a new token standard, xERC-721, to facilitate the movement of NFTs across Ethereum chains. Projects to scale the Ethereum blockchain and lower the transaction cost – like Layer 2 scaling solutions and rollups – have flooded the ecosystem, but this new proposal intends to address the fragmentation of NFTs as these tokens exist only on the chain they are minted.

Crypto market opts for caution

The crypto market lost around 1.2% overnight to $1.95 trillion, according to CoinMarketCap. The Crypto Fear and Greed Index rose to 76 (Extreme Greed). This is a somewhat lagging indicator, reflecting sentiment the day before rather than at the moment. Since Friday morning, crypto has been dominated by selling despite all-time highs in many global equity indices. As a very sensitive indicator, the crypto market may be signalling that investors have become a little more cautious.

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FXStreet

Bittensor extends recovery despite retail demand slump

Bittensor, a leading Artificial Intelligence token, is aging up above $190 at the time of writing on Wednesday. Steady price increases characterise the broader crypto market, with Bitcoin holding above $71,000 and Ethereum above $2,000.

XRP rises as ETF inflows persist, but low retail demand may limit recovery

Ripple is gaining upside momentum, trading above $1.40 at the time of writing on Wednesday. The remittance token is rising in tandem with major crypto assets, including Bitcoin, which has crossed above the pivotal $70,000 level, and Ethereum, which is holding above $2,000.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid mixed ETF flows

The cryptocurrency market is showing subtle recovery signs despite heightened global uncertainty following the United States (US) and Israel attacks on Iran and the subsequent retaliations that have morphed into a wider Middle East war.

Renewed ETF inflows send BTC above $71,000, offsetting war uncertainty

Bitcoin price rises by 5%, near the upper boundary of the recent consolidation range. US-listed spot ETFs recorded an inflow of $225 million on Tuesday, marking the second consecutive day of positive flows this week.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.