Cryptocurrencies Price Prediction: BNB, Bitcoin & Crypto – European Wrap 17 October

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BNB, Solana, Cardano record double-digit losses as crypto market liquidations surge

The cryptocurrency market trades in the red with BNB (previously known as Binance Coin), Solana (SOL), and Cardano (ADA) leading the losses in the top altcoins list. Over the last 24 hours, total liquidations exceeding $1 billion amid a market pullback signal a massive wipeout of bullish-aligned traders, similar to what was seen last week.

Bitcoin Weekly Forecast: BTC slips below $105,000 as macro headwinds weigh on sentiment

Bitcoin (BTC) price continues to trade in red, below $105,000 at the time of writing on Friday, having corrected nearly 9% so far this week. Renewed geopolitical tensions fueled the pullback in BTC, and the US government shutdown pressured risk assets. Despite the pullback, analysts believe the correction could present a medium-term buying opportunity as market conditions stabilize and funding rates normalize.

Crypto Today: Bitcoin, Ethereum, XRP eye October lows as sell-off intensifies

Bitcoin (BTC) is experiencing its second bearish Friday in a row, trading below $105,000 at the time of writing as sentiment remains bearish in the broader cryptocurrency market.

Altcoins are bearing the biggest brunt, with Ethereum (ETH) dropping to $3,700 and Ripple (XRP) sliding below a key support at $2.22. The total market capitalization is down 6% over the past 24 hours to $3.76 trillion after peaking at $4.38 trillion on October 7, according to CoinGecko.

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Top 3 Price Prediction: BTC consolidates gains, ETH defends support, XRP nears breakout trigger

Bitcoin, Ethereum and Ripple begin the week on a constructive note as the top three cryptocurrencies attempt to extend rebounds after recovering nearly 4%, 2% and 2.6%, respectively. BTC steadies around $65,600, ETH continues to hold firmly above the key $1,700 support, while XRP nears the upper boundary of the falling channel pattern.

Ethereum Price Forecast: ETH struggles below $1,700 amid subdued on-chain users and capital outflows

Ethereum rises, albeit gradually, toward $1,700. The smart contract token reflects a marginal increase in buyers seeking to re-engage at lower price levels, following the massive drawdown from mid-May, which was largely driven by geopolitical tensions in the Middle East and macroeconomic uncertainty.

XRP clings to support as derivatives interest cools

Ripple hangs on to $1.14 support, extending its rebound from its early-week support at $1.10 and June’s low of $1.05. Maintaining this short-term support level is vital for the remittance token to preserve its bullish momentum, with a decisive breakout above $1.20 likely to signal further upside potential.

Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

The cryptocurrency remains in a broader corrective bias on Friday, despite majors such as Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) holding slightly higher than early-week support levels. Bitcoin hovers around $63,500 amid a capped upside. Ethereum eyes a breakout past $1,700, while XRP hovers above $1.40.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.