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

Cryptocurrencies Price Prediction: Bitcoin, Tezos & Band Bitcoin Cash – Asian Wrap 04 Nov

Cryptocurrencies Price Prediction: Bitcoin, Tezos & Band Bitcoin Cash – Asian Wrap 04 Nov
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC/USD slips below $14000 on mounting US election tensions

Bitcoin, the most favorite digital asset, quickly eroded $300 after facing rejection near the yearly highs of 14,077. The No. 1 coin fell as low as 13,730 after risk-off flows seeped into markets on mounting tensions surrounding the US election, as the results started trickling.

Tezos price struggles to recover while technicals suggest it's time to buy

Tezos plummeted over 60% after reaching an all-time high of $4.5 in mid-August. While the top-19 cryptocurrency continues to face an uphill battle, multiple technical indexes suggest it is on its way to greener pastures.

Bitcoin Cash Price Forecast: BCH breakdown to $200 beckons amid heightened volatility

The cryptocurrency market is trading in a period of high volatility, mainly brought about by the ongoing presidential elections in the United States. Bitcoin Cash was recently rejected from $280, leaving the button in the bears’ hands.

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

Pi Network Price Forecast: PI risks another lower leg as the broader crypto market slips

Pi Network Price Forecast: PI risks another lower leg as the broader crypto market slips

Pi Network is trading in the red on Thursday, retreating toward a near-term support around $0.0740. The Fear and Greed Index declines to 43 on Thursday, while total liquidations exceed $350 million over the last 24 hours, suggesting a deterioration in investors' risk appetite and a sell-side bias. The technical outlook for PI is bearish, with selling pressure building.

Ripple and Stellar outlook: XRP and XLM lose ground as hawkish Fed tone weighs

Ripple and Stellar outlook: XRP and XLM lose ground as hawkish Fed tone weighs

Ripple and Stellar remain under pressure on Thursday as bearish derivatives positioning and on-chain signals weigh on sentiment. XRP slides toward key support at $1.30, while XLM gives back some of its recent gains. Meanwhile, the Federal Reserve held interest rates unchanged at 3.75%-4.00% at its two-day October policy meeting.

Cardano Price Forecast: ADA extends bearish reversal as sell-side pressure intensifies

Cardano Price Forecast: ADA extends bearish reversal as sell-side pressure intensifies

Cardano faces intense selling pressure, with over 4% losses so far on Thursday, pushing the price below $0.2000. The sell-off aligns with the broader cryptocurrency market pullback after the US Federal Reserve decided to pause the federal funds rate at 3.75%-4.00% on Wednesday.

Cardano Price Forecast: ADA extends bearish reversal as sell-side pressure intensifies

Cardano Price Forecast: ADA extends bearish reversal as sell-side pressure intensifies

Cardano (ADA) faces intense selling pressure, with over 4% losses so far on Thursday, pushing the price below $0.2000. The sell-off aligns with the broader cryptocurrency market pullback after the US Federal Reserve (Fed) decided to pause the federal funds rate at 3.75%-4.00% on Wednesday.
Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin extends pullback as ETF inflows clash with risk-off sentiment

Bitcoin remains under pressure, trading around $81,800 on Friday, recording modest losses so far this week. Despite a mild pullback, institutional demand showed signs of a comeback with spot Exchange Traded Funds recording $442.67 million in net inflows through Thursday.