|

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 10 December

Ethereum Price Forecast: ETH declines in light of Israeli attack, increased accumulation could fuel recovery

Ethereum (ETH) is down nearly 1% on Tuesday as the recent market drawdown is potentially due to investors de-risking following Israel's attack on the Syrian navy. The top altcoin could recover quickly as the balance of its accumulation addresses have grown steadily, reaching 19.5 million ETH.

ETH Accumulation Addresses Total Balance

Google's quantum chip sparks Bitcoin security debate

Google recently unveiled its latest quantum computing chip, Willow, featuring 105 qubits and delivering groundbreaking computational power. This announcement has sparked concerns within the crypto community about Bitcoin’s cryptographic security, as quantum computers are known for their potential to break encryption algorithms.

 

Bitcoin falls to 97k as Google’s Willow fuels concerns, where next for BTC?

Bitcoin has fallen away from the key 100K milestone reached last week, dropping to a low of 94K on Monday. At the time of writing, BTC trades at 97.7 K. The largest cryptocurrency by market cap has fallen amid profit-taking and security concerns following Google's quantum computing developments. 

Chart

Author

More from FXStreet Team
Share:

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

By subscribing you agree to our Terms and conditions.

Editor's Picks

Crypto market outlook for 2026

Year 2025 was volatile, as crypto often is.  Among positive catalysts were favourable regulatory changes in the U.S., rise of Digital Asset Treasuries (DAT), adoption of AI and tokenization of Real-World-Assets (RWA).

Sberbank issues Russia's first corporate loan backed by Bitcoin

Russia's largest bank Sberbank launched the country's first Bitcoin-backed corporate loan to miner Intelion Data. The pilot deal uses cryptocurrency as collateral through Sberbank's proprietary Rutoken custody solution.

Bitcoin recovers to $87,000 as retail optimism offsets steady ETF outflows

Bitcoin (BTC) trades above $88,000 at press time on Tuesday, following a rejection at $90,000 the previous day. Institutional support remains mixed amid steady outflow from US spot BTC Exchange Traded Funds (ETFs) and Strategy Inc.’s acquisition of 1,229 BTC last week.

Traders split over whether lighter’s LIT clears $3 billion FDV after launch

Lighter’s LIT token has not yet begun open trading, but the market has already drawn a sharp line around its valuation after Tuesday's airdrop.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.