|

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.

ETH exchange netflows

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 ETF Flows, March 20255 | Source: SosoValue

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.

Liquidation Heatmap chart. Source: Coinglass

Author

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.

More from FXStreet Team
Share:

Editor's Picks

Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?

Bitcoin recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot ETFs recorded $1.35 billion in net outflows through Thursday.

XRP clings to $1 as long liquidations deepen bearish trend

Ripple trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours.

Pi Network Price Forecast: Minor recovery amid market crash fuels short-term hope

Pi Network price records a mild 3% recovery at press time on Friday, shaping a rebound from a broken descending trendline. The declining trend in trading volume has stabilized around $10 million this week, supporting the possibility of an extended recovery as selling pressure wanes.

Bitcoin: BTC hits 20-month low, will the pain continue?
Bitcoin (BTC) recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot Exchange Traded Funds (ETFs) recorded $1.35 billion in net outflows through Thursday.