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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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Ripple risks extending drop as June lows come into view

Ripple (XRP) ticks down below $1.20 with short-term support at $1.16 intact at the time of writing on Thursday. An early-week rally was rejected at $1.28, weighing on sentiment as traders broadly de-risked.

Crypto Today: Bitcoin, Ethereum and XRP pare losses on increasing bets of Fed tighter monetary policy

Cryptocurrency prices are broadly moderating downwards on Thursday, as market participants assess the impact of the Fed’s hawkish monetary policy stance. Bitcoin edges lower, with support at $64,000 holding.

Bittensor Price Forecast: TAO closes in key support, risking deeper losses

Bittensor price edges below $250 at press time on Thursday, marking its fourth straight day of losses. The AI token is losing retail demand as TAO futures Open Interest dips over 8% in the last 24 hours.

Bitcoin slips below $64,000 as hawkish Fed stance weighs on risk appetite

Bitcoin remains under pressure, extending its correction, trading below $64,000 at the time of writing on Thursday. The US Fed left interest rates unchanged but struck a hawkish tone on Wednesday, dampening the risk sentiment.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.