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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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Pi Network Price Forecast: Bearish streak nears critical support trendline

Pi Network (PI) edges lower on Friday for the third consecutive day, approaching a local support trendline. The on-chain data suggests an increase in supply pressure as Centralized Exchanges (CEXs) experience a surge in inflows.

Top Crypto Gainers: Zcash rallies as MYX Finance, Dash test critical EMA levels

Zcash , MYX Finance, and Dash are the top-performing assets in the top 100 cryptocurrency list over the last 24 hours. The privacy coin leads the rally while MYX and DASH struggle to clear their 100-day Exponential Moving Averages (EMA).

XRP slides amid record on-chain activity, mixed technical signals

Ripple is trading under pressure at the time of writing on Thursday, after bulls failed to break the short-term resistance at $2.22. The reversal may extend toward Monday’s low of $1.98, especially if risk-off sentiment persists in the broader cryptocurrency market.

Aster lags recovery as perpetual DEX releases new roadmap on infrastructure, utility and ecosystem 

Aster is consolidating above $1.05 at the time of writing on Thursday, reflecting lethargic sentiment in the broader cryptocurrency market. The token native to the perpetual DEX had recovered from Monday's low of $0.88 but stalled around $1.08 on Wednesday.

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Bitcoin: BTC steadies as data suggests local bottom

Bitcoin (BTC) hovers around $91,000 at the time of writing on Friday, extending its recovery by 5% so far this week. On the institutional front, a modest outflow from US-listed spot Bitcoin Exchange Traded Funds (ETFs) marks a slowdown from previous weeks and signals a reduction in selling pressure, further supporting BTC’s recovery.