|

Cryptocurrencies Price Prediction: Crypto, Cardano & Bitcoin – European Wrap 17 July

Crypto Today: Bitcoin recovery stalls below $120,000 as Ethereum, XRP rally gains momentum 

The cryptocurrency market appears to be gearing up for a major run, evidenced by Ethereum (ETH) and Ripple’s (XRP) breakout in the last 24 hours. As Bitcoin’s (BTC) recovery stalled under $120,000 on Wednesday, the two leading altcoins extended gains above key resistance levels, suggesting potential capital rotation into mid and large-cap altcoins. 

Chart

Cardano Price Forecast: ADA eyes further gains amid rising Open Interest, bullish bets

Cardano (ADA) ticks higher by over 7% at press time on Thursday, reclaiming the $0.80 mark and hitting a new over one-month high. Both the increasing bullish bets on Cardano and the ADA Open Interest crossing $1.40 billion reflect the upbeat sentiment among derivative traders. The technical outlook suggests a boost in bullish momentum that could potentially drive Cardano to the $1 milestone. 

Chart

Bitcoin Price Forecast: BTC consolidates as traders eye potential catalysts from US legislative action

Bitcoin (BTC) hovers around $118,400 at the time of writing on Thursday, trading sideways between $115,000 and $120,000 as market participants await fresh catalysts. Traders are now focused on developments from the US legislative “Crypto Week”, where the lawmakers passed a procedural motion to advance crypto bills for deliberation. Meanwhile, institutional demand remains strong, with US-listed spot Bitcoin Exchange Traded Funds (ETFs) recording nearly $800 million in inflows on Wednesday, extending their positive streak since July 2.

Chart

Author

More from FXStreet Team
Share:

Editor's Picks

Bittensor extends recovery despite retail demand slump

Bittensor, a leading Artificial Intelligence token, is aging up above $190 at the time of writing on Wednesday. Steady price increases characterise the broader crypto market, with Bitcoin holding above $71,000 and Ethereum above $2,000.

XRP rises as ETF inflows persist, but low retail demand may limit recovery

Ripple is gaining upside momentum, trading above $1.40 at the time of writing on Wednesday. The remittance token is rising in tandem with major crypto assets, including Bitcoin, which has crossed above the pivotal $70,000 level, and Ethereum, which is holding above $2,000.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid mixed ETF flows

The cryptocurrency market is showing subtle recovery signs despite heightened global uncertainty following the United States (US) and Israel attacks on Iran and the subsequent retaliations that have morphed into a wider Middle East war.

Renewed ETF inflows send BTC above $71,000, offsetting war uncertainty

Bitcoin price rises by 5%, near the upper boundary of the recent consolidation range. US-listed spot ETFs recorded an inflow of $225 million on Tuesday, marking the second consecutive day of positive flows this week.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.