Cryptocurrencies Price Prediction: Cardano, Bitcoin & USDC — Asian Wrap 05 September

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Cardano price could move soon after 30% fall

Cardano (ADA) price has been trading with a bearish bias over the last two months, shedding all the ground covered in the July 13 rally. In part, the US Securities and Exchange Commission (SEC) branding ADA a security has cast a dark cloud over the altcoin, placing it at a disadvantage alongside peers like Polygon (MATIC) and Solana (SOL).

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Possible moves as BTC goes back to consolidation mode

Bitcoin (BTC) price is back to consolidation after the recent Grayscale-infused data provided market impales. Ethereum (ETH) price is following in a path almost similar to BTC, but Ripple (XRP) price would not yield.

USDC ecosystem likely to find a boost soon, expert says, as stablecoin market cap rises $663 million

Circle Chairman and CEO “Jeremy Allaire is going to publish something that you would love for the boost of the USDC ecosystem.” These are the words of pro-crypto personality Faisal Khan, who committed to sharing the details soon. The comments come a day after a report by Santiment, pointing to a market capitalization renaissance by the top six stablecoins.

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FXStreet Team

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.