Cryptocurrencies Price Prediction: Cardano, Cryptos & Ethereum — American Wrap 30 March

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This is why Cardano price might have a bumpy road following a 25% recovery

Cardano price has had a disappointing run these last two weeks when compared to other major altcoins. However, following the lack of confidence in the asset has brought ADA investors to the point where they are looking to make gains anyhow, which in turn could prove to be harmful to the cryptocurrency.

EOS price to rocket 20% as Bitcoin rally empowers altcoins across the board

EOS (EOS) price is swinging higher on the back of Bitcoin price on Thursday. After the ferocious price action from Ripple earlier, Bitcoin is now taking over the helm and is rallying toward $30,000. Meanwhile, it is erasing losses from 2022 all the way up to June of last year, and EOS may get fired up to do the same toward $1.35, the high of March of this year.

Ethereum Classic price acts numb to bullish undertone in crypto as it looks to fall 10%

Ethereum Classic (ETC) price is a bit of an outlier in the altcoin space as it appears to be one of the few coins out there unable to enjoy the bullish wave that is sweeping up price action higher in cryptocurrencies. It even appears that ETC is stuck in a bearish trend channel and could be set to tank lower as bearish forces remain clearly in control. Once $20 breaks, it looks inevitable that ETC will start to tread water below $19.

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FXStreet Team

FXStreet

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.

XRP approaches key support as risk-off sentiment deepens

Ripple (XRP) is trading at $1.06 on Monday, maintaining its position within a broader bearish trend. The token’s technical outlook continues to deteriorate, pressured by declining retail participation. Appetite for risk assets remains lethargic, as reflected in the Fear & Greed Index, which is embedded in the Fear territory at 28.

Crypto Today: Bitcoin, Ethereum, XRP extend decline amid renewed risk-averse sentiment

The cryptocurrency market remains weak on Monday, with Bitcoin (BTC) falling toward the nearest $62,000. Ethereum (ETH) and Ripple (XRP) reflect the sell-off across altcoins, edging lower toward $1,800 and $1.05, respectively. Risk appetite remains subdued, as the Fear & Greed Index holds steady at 28, deep within Fear territory.

The Bitcoin futures yield collapse: Once over 20%, now less than Treasury notes

Once a goldmine for carry traders, Bitcoin futures have flipped, consistently underperforming plain‑vanilla U.S. Treasuries every month since February. Carry trades consistently yielded 20% or more across regulated and unregulated crypto exchanges during the 2021 bull market. The strategy involved shorting Bitcoin futures while simultaneously buying a spot exchange-traded fund (ETF).

The crypto market is moving in the opposite direction to equities

The crypto market’s market capitalisation has fallen by 1% over the past 24 hours, returning to levels last seen in mid-July. The positive momentum the market showed in the first half of last week failed to take hold. Once again, we are seeing a negative correlation with the Nasdaq 100 index, this time in the form of falling cryptocurrencies while shares rise. Could this be becoming the new norm?

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.