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

Cryptocurrencies Price Prediction: Bitcoin, Zcash & Crypto – European Wrap 27 February

Cryptocurrencies Price Prediction: Bitcoin, Zcash & Crypto – European Wrap 27 February
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Weekly Forecast: 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.

Chart

Zcash Price Forecast: ZEC flags downside risk as privacy demand wanes

Zcash (ZEC) trades near $240 at press time on Friday, remaining under downside pressure, which capped gains below $250 the previous day. The reduced demand for privacy coins in the broader cryptocurrency market flags further downside for Zcash. The technical outlook for Zcash remains bearish, putting focus on the $231 support floor. 

Chart

Crypto Today: Bitcoin, Ethereum, XRP struggle to hold onto weekly gains amid cautious outlook

The broader cryptocurrency market shows signs of measured optimism, with leading coins stabilizing above key short-term support levels. Bitcoin (BTC) treads water around $67,000 at the time of writing on Friday, as investors appear to be turning cautiously bullish within the overall downtrend.

Chart

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

HYPE Price Forecast: Hyperliquid Strategies seeks US approval for perpetual futures

HYPE Price Forecast: Hyperliquid Strategies seeks US approval for perpetual futures

Hyperliquid dropped 8% on Friday after Hyperliquid Strategies filed an application to become a futures commission merchant, seeking regulatory approval to bring perpetual futures markets to US customers. The company disclosed the development in its Q3 financial results released Thursday.

Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Face renewed selling as key technical barriers and regulatory fears hit sentiment

Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Face renewed selling as key technical barriers and regulatory fears hit sentiment

Bitcoin, Ethereum, and Ripple face renewed selling pressure in the second half of this week amid concerns that Democrats' control of both chambers of the US Congress could lead to tighter crypto and Artificial Intelligence regulations.

Zcash Price Forecast: ZEC defies crypto market sell-off as NU7 upgrade fuels breakout hopes

Zcash Price Forecast: ZEC defies crypto market sell-off as NU7 upgrade fuels breakout hopes

Zcash shows resilience above $1,300 on Friday, defying the broader cryptocurrency market sell-off, which saw over $1 billion in liquidations the previous day. This strength aligns with Network Upgrade 7, scheduled for Friday, which enables faster payments and disables older transaction pools.

Ethereum Price Forecast: ETH falls 7% as AI sell-off hits crypto

Ethereum Price Forecast: ETH falls 7% as AI sell-off hits crypto

Ethereum (ETH) falls 7% to $2,230 on Thursday as AI stock sell-offs spilled into the crypto market. The top altcoin's decline wiped out all of Wednesday's post-US midterm gains, triggering $181.8 million in ETH liquidations over the past 24 hours. Long liquidations dominated, totaling $149.7 million, according to Coinglass data.
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.