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Cryptocurrencies Price Prediction: Bitcoin, Stellar and Cardano – European Wrap 14 December

Bitcoin braces for high volatility as prominent analysts eye two crucial price levels

Bitcoin hit a new all-time high on December 1 but then drifted to $17,580 amid profit-taking and a technical correction from the overbought territory by December 11. Market experts warned that BTC might have been poised for a deeper sell-off before the growth resumed; however, despite the numerous bearish signals, the collapse has not materialized so far. Read more...

BTC weekly chart

Stellar Price Prediction: XLM looks primed for an intraday bullish impulse

Stellar (XLM) recovered from the recent low of $0.139 hit on December 9 to trade at $0.168 by the time of writing. The coin has stayed mostly unchanged on a day-to-day basis and has lost 1% on a weekly basis. Read more...

XLM 4-hour chart

Cardano partners with Bondly Finance to bring DeFi functionality to the network

Cardano (ADA) occupies the 8th position in the global cryptocurrency market rating. The coin is changing hands at $0.15 after the downside correction from the multi-month high at $0.19 hit on November 24. The coin has gained over 3% in the past 24 hours and lost 2.9% on a week-to-week basis.  Read more...

ADA's 4-hour chart

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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: Macroeconomic headwinds, cooling demand cap BTC gains
Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.