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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 28 January

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Cryptos – American Wrap 28 January
FXStreet TeamFXStreet TeamFXStreet

Bitcoin and altcoins recover from DeepSeek shock to AI, crypto

Bitcoin (BTC), Artificial Intelligence (AI) category of crypto tokens and United States (US) tech stocks corrected on Tuesday as traders digested the future implications of China’s DeepSeek release. DeepSeek app was the most downloaded free app on Apple’s US App Store over the weekend of its launch. 

AI tokens

Ethereum Price Forecast: DeFi founder says L2 roadmap is like “band-aid” and limits ETH value accrual

Ethereum (ETH) trades near $3,140 on Tuesday as it looks to attempt a recovery from the recent DeepSeek-triggered market decline. While traders are positioning for short-term volatility, a decentralized finance (DeFi) founder weighs in on Ethereum's Layer 2 roadmap.

ETH/USDT daily chart

Bitcoin recovers above 100k, what’s driving BTC, and is a rise above 109k coming?

Bitcoin has recovered from yesterday's brief spike below 100k, which saw it lose $130 billion in market cap, and it is currently trading at 103K. 

Chart
 

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