TRENDING:
Oil price
XAU/USD
EUR/USD
GBP/USD
Silver
Sponsored by
|

Cryptocurrencies Price Prediction: Ethereum, Binance & Bitcoin – American Wrap 05 October

Cryptocurrencies Price Prediction: Ethereum, Binance & Bitcoin – American Wrap 05 October
FXStreet TeamFXStreet TeamFXStreet

Bitcoin headed into recovery, rising above $20,000 as Whales begin reaccumulation

The crypto market has been in a suspended state for the last couple of months, and that effect does not seem to have gone away. Micro fluctuations do take place every now and then. However, on the macro time frame, crypto assets need a major boost. Interestingly in the case of Bitcoin, a change in a particular pattern could be the signal of a trend reversal. 

Why Binance’s BUSD market cap growth is bullish for the BNB price

Binance Coin price ascends 7% in stair-step formation this month, making investors wonder what to make of the current market conditions. While the technicals may be more of a guessing game, Binance has recently made several advancements in the crypto space. 

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Crypto markets turn green but need confirmation

Bitcoin price has kick-started its first uptrend in October, and investors are happy to accept this move after weeks of choppy movement. In sympathy with Bitcoin, Ethereum and Ripple also triggered run-ups and are currently looking to continue their rallies. 

Author

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.

More from FXStreet Team
Share:

Editor's Picks

HYPE Price Forecast: Hyperliquid Strategies seeks US approval for perpetual futures

HYPE Price Forecast: Hyperliquid Strategies seeks US approval for perpetual futures

Hyperliquid dropped 8% on Friday after Hyperliquid Strategies filed an application to become a futures commission merchant, seeking regulatory approval to bring perpetual futures markets to US customers. The company disclosed the development in its Q3 financial results released Thursday.

Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Face renewed selling as key technical barriers and regulatory fears hit sentiment

Top 3 Price Predictions: Bitcoin, Ethereum, Ripple – Face renewed selling as key technical barriers and regulatory fears hit sentiment

Bitcoin, Ethereum, and Ripple face renewed selling pressure in the second half of this week amid concerns that Democrats' control of both chambers of the US Congress could lead to tighter crypto and Artificial Intelligence regulations.

Zcash Price Forecast: ZEC defies crypto market sell-off as NU7 upgrade fuels breakout hopes

Zcash Price Forecast: ZEC defies crypto market sell-off as NU7 upgrade fuels breakout hopes

Zcash shows resilience above $1,300 on Friday, defying the broader cryptocurrency market sell-off, which saw over $1 billion in liquidations the previous day. This strength aligns with Network Upgrade 7, scheduled for Friday, which enables faster payments and disables older transaction pools.

Ethereum Price Forecast: ETH falls 7% as AI sell-off hits crypto

Ethereum Price Forecast: ETH falls 7% as AI sell-off hits crypto

Ethereum (ETH) falls 7% to $2,230 on Thursday as AI stock sell-offs spilled into the crypto market. The top altcoin's decline wiped out all of Wednesday's post-US midterm gains, triggering $181.8 million in ETH liquidations over the past 24 hours. Long liquidations dominated, totaling $149.7 million, according to Coinglass data.
Bitcoin: Binance security breach and hawkish Fed push BTC lower

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.