Cryptocurrencies Price Prediction: Cryptos, Bitcoin & AI – American Wrap 12 February

FXStreet Team FXStreet

Top 3 Price Prediction: Even with $50,000 in sight, BTC tempts investors to short against bullish bias

Bitcoin (BTC) price’s upside potential is under threat as investor appetite for profit-taking continues to grow. Ethereum (ETH) price is also teasing a correction, while Ripple (XRP) price remains mired in quicksand.

Breaking: Bitcoin price hits $50,000 for the first time in two years

Bitcoin (BTC) price hit $50,000 on Monday, a level last seen on December 28, 2021, more than two years ago.

Institutions double down on AI in trading – JPMorgan survey

Institutional investors have been increasingly betting on the role of artificial intelligence (AI) in the future of trading, according to a new survey by the multinational investment bank JPMorgan.

Author

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.

Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.