Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 10 March
Ethereum Price Forecast: ETH eyes recovery, but increased ETF outflows weigh on the crypto market
Ethereum (ETH) is down 2% on Monday, trading near the $2,000 psychological level despite increased exchange net outflows. The sustained negative market sentiment is potentially coming from crypto exchange-traded funds (ETFs) investors who have continued to scale down their holdings.
Crypto Today: DeFi tokens gain $3.5B as BTC, ETH and XRP lead $640M market capitulation
Bitcoin price rebounded 3% to reclaim the $82,200 level at noon European trading on Monday, having tested new lows near $80,000 earlier in the day.
Bitcoin Price Forecast: BTC trades below $82,000 as Bybit hackers cash out some of its crypto heist
Bitcoin (BTC) hovers around $82,000 on Monday after falling nearly 15% last week. This price correction triggered a series of liquidations across the crypto market, totaling $687.73 million in the past 24 hours. A QCP Capital report highlights that momentum was derailed by the Bybit hackers cashing out at least $300 million of their record-breaking $1.5 billion crypto heist on Sunday, causing BTC to decline again.
Author
FXStreet Team
FXStreet
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.
