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

FXStreet Team FXStreet

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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Dogecoin ticks lower as low Open Interest, funding rate weigh on buyers

Dogecoin extends its decline as risk-off sentiment dominates across the crypto market. DOGE’s derivatives market remains weak amid suppressed futures Open Interest and perpetual funding rate.

Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates

Bitcoin remains under pressure, trading above the $87,000 support at the time of writing on Tuesday. Selling pressure has continued to weigh on the broader cryptocurrency market since Monday, triggering declines across altcoins, including Ethereum and Ripple.