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