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Cryptocurrencies Price Prediction: Bitcoin, Zcash and Dash – European Wrap 22 October

Top 3 Prediction Bitcoin, Ethereum, Ripple: Bitcoin rises to new yearly highs while the rest of the crypto market follows

Bitcoin rallied above $13,000 for the first time in 2020. A broader look at the 4-hour chart shows that the flagship cryptocurrency has been in a long-term bullish cycle since the crash in March. However, up and downs have been part and parcel of the price action, reminiscent of most bullish trends. Read More ...

BTC/USD price chart

Zcash is about to have its major protocol update and halving at the same time

A privacy-focused cryptocurrency Zcash is less than a month away from its first-ever halving event that will take place on block 1 046 400, around November 18. This major event for the ecosystem will be accompanied by the fifth massive system update known as Canopy that is supposed to make the network more secure and create the project's development fund. Read More ...

Dash Price Forecast: DASH correction seems imminent aiming for $70

Dash recently exploded in the wake of pulling the 50-day Simple Moving Average resistance into the rearview, as discussed. The cryptoasset appears to have bottomed out at $65 amid a breakdown from August’s high of $105. A recovery ensued with DASH/USD closing in on the critical hurdle at $80. Unfortunately, Dash lost steam, hitting a barrier at $78. Read More ...

DASH/USD price chart

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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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Crypto Overview: Bitcoin tops $80,000 as US Treasury fights high yields – AERO, VIRTUAL rally

Bitcoin extends gains above $80,000 as broader market risk-on sentiment persists. The scarce asset could extend its rally as the US Treasury combats high yields in the long-dated bond market, with further interventions on the horizon. Aerodrome Finance and Virtuals Protocol emerged as top performers over the last 24 hours.

Ripple and Stellar outlook: Key breakouts could fuel the next rally

Ripple and Stellar are showing signs of renewed strength after rallying over 53% and 27% in the previous week. Meanwhile, both altcoins are approaching key technical levels on Tuesday that could determine their next move. However, mixed on-chain signals with a slight bearish tilt suggest traders remain cautious amid the recent price gains.

Ethereum Price Forecast: BitMine scoops 32K ETH, hints at further gains

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Strategy raises $2B, pauses Bitcoin purchases

Strategy (MSTR) raised more than $2 billion through its latest share sales but did not purchase any Bitcoin during last week, instead allocating part of the proceeds to a newly established USD Cash pool.

Bitcoin: The US Treasury saves BTC

Bitcoin extends gains, trading above $77,000 on Friday after rallying over 20% and reaching its highest level since mid-May. Crypto markets continue to cheer the US Treasury’s decision to double its debt buyback operations, posting their 7th-largest liquidation event in history.