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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & AI Tokens — Asian Wrap 21 May

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & AI Tokens — Asian Wrap 21 May
FXStreet TeamFXStreet TeamFXStreet

Ethereum sees a 16% spike as Bloomberg analysts surprisingly increase approval odds to 75%

Ethereum's (ETH) price gained over 16% on Monday as Bloomberg analysts updated their odds for spot Ethereum ETF approval to 75%. Grayscale’s CEO stepping down from his role days before the Securities & Exchange Commission (SEC) decides on the ETFs has also added complexity to the predictions of analysts.

Another run to Bitcoin all-time high would be completely realistic, for these reasons

Crypto analysts at intelligence tracker Santiment provided an overview of the crypto market and compared Bitcoin and meme coin performance with previous cycles, sharing its implications in a recent tweet on X. 

Top 5 AI, DePIN tokens hit by corrections ahead of key events, NVIDIA earnings this week

Chip giant NVIDIA has emerged as a significant market mover for cryptocurrencies in the Artificial Intelligence (AI) and Decentralized Physical Infrastructure Network (DePIN) categories, per previous earnings results from the technology firm. 

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