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Cryptocurrencies Price Prediction: Ethereum, Bitcoin and Crypto.com – European Wrap 15 December

Ethereum price cracks under pressure as Super Thursday gets underway

Ethereum (ETH) price slid lower Thursday morning after the Fed and its FOMC rate decision fell mostly in line with what markets were expecting, although most analysts retained a more hawkish undertone. This has scared or at least triggered some doubt amongst traders taking their profits after the US CPI’s negative surprise. With today's four central banks producing announcements, markets will face heavy volatility before the more calm end of the year kicks in.

ETH/USD daily chart

Bitcoin and stablecoin whales scoop up BTC, USDT, BUSD and DAI: Recipe for crypto Santa Claus rally

Bitcoin and cryptocurrencies enjoyed a resurgence in their prices and both BTC and Ethereum jumped to their highest level since the FTX exchange collapse, on Tuesday. Experts at Santiment noted euphoria in the crypto market as Bitcoin and stablecoin outflows increased and whales scooped up assets off exchanges. 

 
BTC/USD price chart

Crypto.com Coin price continues its decline as pressure builds for 40% nosedive move

Crypto.com Coin (CRO) price is seeing its final chances for recruiting new investors and clients to its platform and coin as the FIFA World Cup in Qatar is coming to an end this weekend with the final between Argentina and France. That is pretty much it for positive news to report on CRO, as the other dynamics from global markets are not working at all. With the hawkish Fed rate decision and the possible disappointment of the ECB this afternoon, another round of US Dollar strength could kick in and trigger a sell-off even before Christmas. 

CRO/USD daily chart

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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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Bitcoin hits $85,000 as rally gains momentum, but liquidity risks linger

Bitcoin claims the $85,000 level on Monday after gaining 5.64% and closing above the 50-week SMA at $78,200 the previous week. US-listed spot Bitcoin ETFs recorded mild $6.21 million inflows last week, showing resilience despite the CLARITY Act setback and hawkish Fed outlook.

Ripple extends rally toward $1.50 as derivatives activity rises despite ETF outflows

Ripple (XRP) holds a strong bullish picture, rising to trade near $1.50 on Monday. The remittance token marks four consecutive days of gains, supported by robust momentum indicators and increased risk appetite in the broader cryptocurrency market.

Crypto Today: Bitcoin, Ethereum, XRP hold bullish outlook amid improving ETF inflows

Cryptocurrencies are broadly rising on Monday, led by Bitcoin’s (BTC) surge to $85,000. Altcoins are following BTC’s bullish trend, with Ethereum (ETH) trading above $2,700 and Ripple (XRP) holding steady at $1.47.

Pi Network rebound gains steam on broader market recovery

Pi Network is up 4% on Monday, advancing its near-term recovery after a 2% rebound the previous day. The broader cryptocurrency market's recovery, with Bitcoin hitting an eight-month high of $85,000, is boosting investors’ risk appetite for high-risk crypto assets like the PI token.

Bitcoin: BTC shrugs off CLARITY Act setback and hawkish Fed
Bitcoin (BTC) price action has remained resilient this week, trading above $78,000 at the time of writing on Friday, heading toward a key resistance zone. Institutional demand shows early signs of weakness, with spot Exchange Traded Funds (ETFs) on track for a second straight week of outflows, with over $420 million recorded through Thursday amid escalating Middle East tensions.