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Cryptocurrencies Price Prediction: Dogecoin, Ethereum & Bitcoin — Asian Wrap 12 September

Dogecoin ready to conquer space with SpaceX embrace

In the $258 billion lawsuit against Elon Musk, seven new investor plaintiffs have joined the fight. Musk is accused of running a pyramid scheme supporting the cryptocurrency DOGE. Despite the lawsuit, DOGE has found utility among traders and merchants. 

Ethereum Merge could break the internet according to Preston Van Loon

Ethereum heads into the Merge within the next few days, therefore holders are awaiting a massive impact on the altcoin’s blockchain. Developer Preston Van Loon confirmed that the change in Ethereum’s consensus mechanism could drive ETH price higher.  

Three reasons to accumulate Bitcoin at the 2022 cycle bottom

Bitcoin price likely hit its absolute bottom according to the Market Mastery Divergence indicator. Analysts believe it is the best buying opportunity for traders in years, according to the indicator that worked in three previous cycles. 

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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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Bitcoin: Binance security breach and hawkish Fed push BTC lower
Bitcoin (BTC) continues to weaken this week, down more than 3% and heading for its fourth straight weekly loss. The largest cryptocurrency by market capitalization is facing a bearish outlook, fueled by a hawkish Federal Reserve (Fed) outlook at the October meeting and a reported $6.3 billion hack at Binance, which is driving risk aversion and triggering heavy liquidations.