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Cryptocurrencies Price Prediction: Ethereum, PancakeSwap & Ripple — Asian Wrap 09 April

Cryptocurrencies Price Prediction: Ethereum, PancakeSwap & Ripple — Asian Wrap 09 April
FXStreet TeamFXStreet TeamFXStreet

Ethereum's price recovery looks imminent as ETF approval sees a glimmer hope

Ethereum (ETH) began showing signs of recovery on Monday, briefly trading at $3,460, after consolidating for the past week. This recovery may likely be due to recent whale activity surrounding the largest altcoin and JP Morgan's positive outlook for an ETH ETF approval.

PancakeSwap price surges as DEX burns $35 million CAKE tokens

PancakeSwap (CAKE) announced a burn of 8,703,247 CAKE on Monday, pulling $35 million worth of DeFi tokens from circulation. The DEX’s move catalyzed gains in the asset. A key announcement by PancakeSwap regarding a collaboration with Stryke is likely another catalyst driving gains in the DEX’s native token CAKE. 

Ripple CEO expects the entire crypto market to double in 2024, XRP price eyes comeback to $0.60

Ripple (XRP) price struggles to recoup the $0.60 round level on Monday after touching it over the weekend, after Ripple CEO Brad Garlinghouse said in an interview with CNBC that he expects the crypto market to remain bullish this year. 

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