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Cryptocurrencies Price Prediction: Cronos, Ethereum & Bitcoin — Asian Wrap 27 August

Crypto Gainers Today: Cronos, Numeraire and Hyperliquid rally as bullish news fuels momentum

Cronos (CRO), Numeraire (NMR), and Hyperliquid (HYPE) emerged as the top crypto gainers on Wednesday, rallying strongly on the back of bullish news and market momentum. Cronos price surges to a new yearly high following Trump Media's plans for a CRO treasury company. At the same time, Numeraire soared after securing a massive $500 million commitment from JPMorgan Asset Management. Meanwhile, Hyperliquid (HYPE) extended its upward run, breaking past its record high and entering price discovery mode.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP mild recovery sparks optimism

Ethereum reached a new all-time high of $4,956 on Sunday but failed to maintain its upward momentum, declining 8.45% the next day. However, it recovered 5% on Tuesday, closing above its daily resistance at $4,488. At the time of writing on Wednesday, it hovers at around $4,580. If ETH continues its recovery, it could extend the rally toward its record high of $4,956. The RSI on the daily chart reads 57, above its neutral level of 50, indicating bullish momentum. 

Bitcoin to hit $1.3 million by 2035 with annual growth rate of 28%: Bitwise

Bitcoin (BTC) is expected to become the best-performing institutional asset over the next decade, reaching a price of $1.3 million by 2035, according to a Bitwise report on Monday. In a report on Monday, asset manager Bitwise projects a decade of strong growth for Bitcoin, estimating it could emerge as the best-performing institutional asset, with a record price of $1.3 million by 2035. The firm expects Bitcoin to deliver a 28.3% compound annual growth rate during the period, outpacing expectations for traditional assets such as stocks, bonds, and gold. 

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