Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Trump – American Wrap 24 December

FXStreet Team FXStreet

Ethereum attracts institutional capital while Bitcoin bleeds

Ethereum Spot ETFs hit a key milestone on Monday when the product garnered inflows while Spot Bitcoin ETFs recorded another outflow, extending the streak of declining institutional demand.

Bitcoin Price Forecast: BTC faces further downside as whale transactions surge to 2-year high

Bitcoin price opened trading below the $95,000 level on Tuesday, marking its lowest level since November 27. On-chain data trends show rising sell-side pressure from large investors. Is BTC at risk of falling below $90,000?

Trump's victory sparks global crypto boom

Donald Trump's re-election and pro-crypto policies have triggered a global surge in cryptocurrency adoption, with record growth among young investors.

Author

FXStreet Team

FXStreet

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.

XRP ticks up as risk-off mood, weak ETF demand cap recovery

Ripple (XRP) rebounds above $1.23 from support at $1.20 at the time of writing on Wednesday, as the broader cryptocurrency market pares losses triggered by escalating tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum pare losses as XRP rebounds amid escalating tensions in the Middle East

The cryptocurrency market remains largely under pressure on Wednesday amid escalating tensions in the Middle East. After plunging from its May high of $82,823, Bitcoin (BTC) is showing signs of stabilization, consolidating above the key $67,000 support level.

Bitcoin takes a breather above $65,000 amid swelling institutional pressure

Bitcoin hovers above $67,000 as of Wednesday, taking a breather after over 6% loss the previous day. Whales are reducing their BTC holdings, likely influenced by the 12-day streak of ETF outflows.

Ondo extends gains, defying the broader market crash

ONDO extends gains on Wednesday, after rising 9% the previous day. Early access to Ondo Perps, offering 24/7 perpetual futures on US stocks, ETFs, and commodities, fuels the recovery.

Billions in ETF outflows don’t bode well

Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.

Legal Text

Editor's Picks