|

Cryptocurrencies Price Prediction: Cardano, Bitcoin & Crypto – European Wrap 18 November

Cardano Price Forecast: ADA erases one-year gains as retail interest narrows 

Cardano (ADA) is largely in bearish hands, trading above support at $0.45 at the time of writing on Tuesday. The downtrend builds on a bearish outlook that has weighed on the smart contracts token since July, when ADA peaked at $1.02. 

Chart

Bitcoin breaks below 90k – Why is BTC tanking and how low can it go?

Bitcoin's falling further, down 25% from its record high of 126.2k at the start of October, dropping to a low of 89.1k today, a level last seen in April. The largest cryptocurrency has fallen in seven of the past eight sessions, a losing streak that has left it trading in the red for 2025. 

Chart

Crypto Today: Bitcoin, Ethereum, XRP continue to struggle as bearish sentiment deepens 

Bitcoin (BTC) is trading above $91,000 at the time of writing on Tuesday, down slightly on the day but trimming some earlier losses, weighed by risk-off sentiment in the broader cryptocurrency market. Altcoins, including Ethereum (ETH) and Ripple (XRP), are showing signs of mild recovery, hovering above $3,000 and around $2.18, but the broader trend remains bearish.

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

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

The biggest story this week was Tuesday’s US midterm elections, which saw Democrats win control of both the House and the Senate in a clear blue wave. This political shift in the US has triggered sharp price swings across the cryptocurrency market.

Ripple nears oversold territory as traders eye buying opportunities

Ripple remains structurally capped near $1.20 after selling pressure wiped out the early-week rise to $1.34, driven by the US midterm elections. Market participants exhibited regulatory concerns ahead of the Democrats taking control of Congress in January, with many repositioning and adjusting their portfolios.

Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin is down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. A sharp sell-off in US technology stocks reversed Bitcoin’s post-election rally on Thursday, triggering a wave of liquidations across the market and intensifying bearish pressure.

Post-US midterm elections market sell-off weighs on PI

Pi Network (PI) continues to attract sellers, as the post-US midterm results triggered a sell-off in the US tech stock market and also wiped out over $1 billion from the crypto market.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss
Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.