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.
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.
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.
Author
FXStreet Team
FXStreet
