TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Bitcoin, Solana & Cryptos — Asian Wrap 21 December

Cryptocurrencies Price Prediction: Bitcoin, Solana & Cryptos — Asian Wrap 21 December
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price triggers bullish trades at $44,000; QCP Capital hints at early spot BTC ETF approval

Bitcoin price is awaiting stimulus, which will now only come when the spot ETF approval gets closer. This might not be too far away, as per QCP Capital, which also predicts the cryptocurrency could shoot up by nearly 11% right after.

Solana price could rise 20% provided Bitcoin builds support above $44,200

Solana (SOL) price has been on a tear, standing among the biggest gainers among the crypto top ten. This is despite regulatory FUD, when the US Securities and Exchange Commission (SEC) labeled SOL a security during its market-wide clampdown against cryptocurrency exchanges. As reported, the hard pump has seen the purported Ethereum (ETH) killer unseat Ripple (XRP) to be the fifth cryptocurrency by market capitalization.

NEAR, STX, SOL: Three altcoins likely to create price tops soon as FOMO peaks

Near Protocol (NEAR), Stacks (STX) and Solana (SOL) are among the top gainers, recording double-digit gains despite Bitcoin struggling to build support above $44,200. Late investors as well as the sidelined ones look from the fences as the early bloomers rake in profit. With this, Santiment data points to rising social volumes, pointing to the need for a cautious approach in trading these altcoins.

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Binance revokes SignalPlus API keys over potential security threat

Binance revokes SignalPlus API keys over potential security threat

Binance, the largest cryptocurrency exchange, announced on Thursday that it revoked the Application Programming Interface (API) keys linked to SignalPlus, a third-party institution-grade technology firm.

XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

Ripple (XRP) ticks higher on Thursday, trading near $1.32. The remittance token is up roughly 10% from last week’s trough at $1.20, suggesting that the path of least resistance is gradually flipping upward.

Top Altcoins Price Forecast: Ripple, Cardano and Solana extend post-midterms rally

Top Altcoins Price Forecast: Ripple, Cardano and Solana extend post-midterms rally

Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Thursday, extending a steady recovery so far this week, driven by the post-US midterms relief.

Bitcoin claims $80,500 as short liquidations mount

Bitcoin claims $80,500 as short liquidations mount

Bitcoin (BTC) extends its rebound, climbing above $80,500 on Thursday after closing above the key Exponential Moving Averages (EMAs) the previous day. The rebound comes as a short squeeze triggers nearly $800 million in liquidations over the past 24 hours.

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.