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Cryptocurrencies Price Prediction: Cryptos, Bitcoin & Ethereum – American Wrap 08 September

Cryptocurrencies Price Prediction: Cryptos, Bitcoin & Ethereum – American Wrap 08 September
FXStreet TeamFXStreet TeamFXStreet

Vitalik Buterin states Ethereum faces same issues it did in 2017 as network continues to struggle

Ethereum is considered to be the home of decentralized finance as it brought smart contracts to the limelight when it first launched. While the blockchain pioneered the sector, it was met with a host of issues that – according to the founder Vitalik Buterin – still plague the network.
Ethereum DeFi TVL

Bitcoin (BTC $25,859) is about to test hodlers with a “mid cycle lull” before starting a bull run in late 2024, a new BTC price model states. According to its creator, popular analyst CryptoCon, the “November 28th Cycles Theory” demands the BTC price all-time high in 2025.

Chart

Crypto sellers are losing patience

It looks like sellers in cryptocurrencies are losing patience. The crypto market remains tightly pinned at $1.04 trillion in capitalisation. An attempt to break away and cross the $1.05 trillion mark has been met with heavy selling, and it's well below the $1.1 trillion pivot late last month.
 

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FXStreet Team

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.

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Ripple and Stellar outlook: XRP and XLM rebound amid mixed signals

Ripple and Stellar outlook: XRP and XLM rebound amid mixed signals

Ripple and Stellar extend their recovery on Thursday after finding support at key technical levels. However, mixed derivatives and on-chain data for both altcoins suggest that traders remain cautious and have yet to show strong conviction in a sustained rebound. Derivatives data shows a mixed and cautious outlook among traders.

Crypto Overview: Bitcoin steadies above $76,000 amid Fed rate hike – Privacy coins rally

Crypto Overview: Bitcoin steadies above $76,000 amid Fed rate hike – Privacy coins rally

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Bitcoin slips below $76.7K True Market Mean amid weak demand — Glassnode

Bitcoin slips below $76.7K True Market Mean amid weak demand — Glassnode

Bitcoin (BTC) has slipped below its recent trading range and the True Market Mean at $76,700, but the top crypto has remained relatively resilient despite a failed Clarity Act Senate vote, FOMC rate hike and a broader altcoin sell-off.
Bitcoin, crypto market see muted activity following FOMC rate hike

Bitcoin, crypto market see muted activity following FOMC rate hike

Bitcoin (BTC) traded above $76,000 on Wednesday as the Federal Reserve raised its benchmark interest rate by 25 basis points, bringing the federal funds target range to 3.75%-4.00%. The unanimous 12-0 decision marked the Fed’s first rate hike since July 2023.

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.