Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos - American Wrap 14 April

FXStreet Team FXStreet

The crypto market rebounds sharply, but what's next?

Crypto market capitalisation has risen by 13% over the past seven days, although there was no significant change over the weekend. This generally looks like a rebound after a drop. Only a rise above the local highs of $2.85 trillion will signal an upturn.

Whale grabs 16,000 ETH as Ethereum Foundation vows support for L1, RWA and stablecoins

The Ethereum Foundation, through its Co-Executive Director, Tomasz K. Stańczak, outlined a simplified version of its roadmap on Sunday. The roadmap focuses on scaling blobs, enhancing the performance of the layer-1 blockchain, and improving the user experience on layer-2 interoperability and the app layer.

Bitcoin Price Forecast: BTC retests key resistance at $85K, breakout to $90K or rejection to $78K?

Bitcoin (BTC) price edges higher and approaches its key resistance at $85,000 on Monday, with a breakout indicating a bullish trend ahead. Metaplanet announced Monday that it purchased an additional 319 BTC, bringing its total holdings to 4,525 BTC. Additionally, Amberdata shows that the $100,000 strike price has the highest open interest (OI), indicating a bullish sentiment among traders. However, institutional demand continues to weaken, as Bitcoin spot Exchange Traded Funds (ETFs) recorded a total net outflow of $713.30 million last week.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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