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

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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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.

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Pi Network Price Forecast: Mild recovery in PI marks early signs of trend reversal

Pi Network shows a mild recovery on Friday, following three consecutive days of consolidation, as selling pressure eases after a steep decline earlier this month. Speculative demand for a potential rebound in PI is on the rise as its Open Interest remains elevated. Technically, PI holding steady at key support amid oversold momentum implies a potential recovery ahead.

Bonk Price Forecast: Extends losses as hacker moves stolen tokens to Binance

Bonk extends its losses, trading below $0.0000034 on Friday, losing over 16% so far this week. The ongoing correction was fueled by on-chain data indicating that the hacker behind the recent exploit transferred a portion of the stolen tokens to Binance.

Zcash Price Forecast: ZEC maintains bullish structure above key retracement support

Zcash is up over 2% recovering from an 8% decline the previous day. The privacy coin maintains its retail strength with a rising funding rate despite a minor contraction in ZEC futures Open Interest. Technically, ZEC retains a structural upward trend above its crucial moving averages with an upside toward $690.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC and ETH stall below key EMAs, XRP holds crucial support
Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) came under renewed selling pressure during the second half of the week after staging a modest recovery earlier in the week. BTC trades below $63,600 on Friday, while ETH slips below $1,860 after facing rejection at key resistance levels. Meanwhile, XRP continues to hold above a crucial support zone, keeping its recovery outlook intact.
Bitcoin: Strategy sells, the market doesn’t care
Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.