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Cryptocurrencies Price Prediction: EOS, Bitcoin & Ethereum — Asian Wrap 8 May

Top 3 gainers EOS, Kaito, Stacks: Navigating the dynamic altcoin market

The altcoin market is getting more complex to navigate, with fragmented narratives, limited liquidity, and massive token unlocks creating hefty headwinds. EOS is set for its planned rebrand on May 14, which will unlock the ecosystem as a web3 banking powerhouse. The blockchain company had to start this rebrand process. Essentially, the functions and features we've added over the last three and a half years have all been in a particular direction of Web3 banking," Vaulta Foundation CEO, Yves La Rose, said during the Digital Asset Summit 2025.

Crypto Today: BTC price breaches $97.5K as FOMC sparks gains in SOL, Alpaca and SUI staking markets

Cryptocurrencies sector valuation posts mild 24-hours gains of 1% on Wednesday, breaking past the $3.1 trillion for the first time this week, according to Coingecko data. The US Federal Reserve dominated newsreels with a third consecutive rate pause accompanied by hawkish-leaning meeting notes.

Ethereum Price Forecast: ETH holds steady as Pectra upgrade goes live on mainnet

Ethereum (ETH) held steady on Wednesday after the Pectra upgrade went live on mainnet. The upgrade, which introduced several features to Ethereum, failed to spark increased volatility as ETH continued trading near the $1,800 mark.

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Ripple struggles build momentum amid subdued investor interest

Ripple (XRP) is retracing toward its nearest technical support level of $1.10 as of Thursday. The remittance token has taken a breather after the macro-driven rally earlier in the week.

Crypto Today: Bitcoin, Ethereum, XRP run into resistance as retail buying cools

Bitcoin retreats toward support at $64,000. Ethereum hovers below $1,800, with its upside seemingly limited, following a macro-driven rally. Meanwhile, Ripple sits on top of the reclaimed $1.10 support.

Bitcoin pauses recovery as geopolitical tensions outweigh cooling inflation

Bitcoin slips below $64,000 at the time of writing on Thursday after failing to close above the 50-day EMA near $65,120 the previous day. Institutional demand shows mild improvement, with spot Exchange Traded Funds (ETFs) recording a second consecutive day of inflows this week.

Pyth Network gains momentum amid extended Coinbase support

Pyth Network (PYTH) recovers nearly 5% on Thursday, approaching the $0.05000 psychological mark. The Wednesday release of SK Hynix and Lumentum perpetual futures on Coinbase, powered by Pyth Network, lifts retail demand.

Bitcoin: Strategy sells, the market doesn’t care
Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.