Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 18 August

FXStreet Team FXStreet

Ethereum Price Forecast: ETH eyes another bullish pennant as BitMine treasury blows past $6 billion

Ethereum (ETH) experienced a 3% decline on Monday as BitMine (BMNR) revealed that it had increased its treasury by 373,000 ETH, valued at approximately $1.7 billion.

More dormant Bitcoin whales awaken in August; Can the market absorb them?

Tens of thousands of dormant Bitcoins from the Satoshi era awakened in July. Investors absorbed the supply without triggering a price decline. However, more dormant whales are resurfacing in August. The question is whether the market can absorb them as effectively as last month.

Crypto Today: Bitcoin, Ethereum, XRP slide further, test key supports

Bitcoin (BTC) advances the pullback phase below the $115,000 level to test a crucial dynamic support, the 50-day Exponential Moving Average (EMA), at press time on Monday. The pullback spreads amid broader market fear, resulting in liquidations of over $500 million in the last 24 hours.

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