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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & AI Crypto Coins — Asian Wrap 10 May

Ethereum needs a bullish trigger, Joseph Lubin blasts the SEC

Ethereum's (ETH) price revealed a continuation of uncertainty among traders on Thursday despite optimism expressed by Grayscale about its spot ETH ETF. Ethereum co-founder Joseph Lubin also blasted the Securities & Exchange Commission for their recent enforcement actions against Ethereum-related companies.

Bitcoin price dips to $61K but defends one of its most resilient macro uptrends ever

Bitcoin (BTC) price is leaning to the south, with a price action characterized by lower highs. However, the big-picture outlook remains bullish. Tailwinds for BTC now sprout from US Election campaigns as well as reports that large holders continue to buy the dip. 

AI crypto coins rally ahead of ChatGPT creator OpenAI plans to announce Google search competitor on Monday

Barely before the hype around NVIDIA stock gain is over, AI crypto tokens have another bullish catalyst coming their way, which could provide more tailwinds to drive the price of the sector’s tokens.

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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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Pi Network extends consolidation as bulls eye $0.10

Pi Network price holds steady on Friday, maintaining a consolidating tone for three consecutive days. Mild retail strength in the PI token remains stable, with Open Interest above $9 million, while social buzz eases.

Bitcoin Weekly Forecast: Hormuz uncertainty clouds BTC outlook

Bitcoin trades around $62,900 on Friday, down over 3% so far this week, but signs of stabilization are emerging. Tensions in the Strait of Hormuz are keeping Oil prices and the war-risk premium elevated, supporting the US Dollar and weighing on BTC.

Crypto Today: Bitcoin, Ethereum, and Ripple risk steeper correction as bearish pressure mounts

Bitcoin trades below $63,000 on Friday, projecting a downside bias as selling pressure resurfaces. Ethereum and Ripple also take a bearish path, risking a drop below the 50-day Exponential Moving Average at $1,856 and the $1.00 psychological support, respectively.

Bitcoin SV Price Forecast: BSV hits three-month high, eyeing 200-day EMA breakout

Bitcoin SV (BSV) is up nearly 2% on Friday, extending a steady upward trend over the last two weeks. Retail strength builds in BSV amid multiple vulnerabilities found in the Bitcoin ecosystem.

Bitcoin: Hormuz uncertainty clouds BTC outlook
Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.