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Cryptocurrencies Price Prediction: Ethereum, PEPE & Bitcoin – American Wrap 12 January

Cryptocurrencies Price Prediction: Ethereum, PEPE & Bitcoin – American Wrap 12 January
FXStreet TeamFXStreet TeamFXStreet

Ethereum likely to steal Bitcoin's spotlight after ETFs historic win

Bitcoin ETF approval marks a key milestone in the crypto ecosystem as the largest cryptocurrency by market capitalization gains acceptance. However, instead of catalyzing gains in Bitcoin, the ETF fueled a rally in Ethereum. 
ETH
PEPE (PEPE), a frog-themed meme coin, registered an increase in its reserves on cryptocurrency exchanges, which reached the highest level in two months. On-chain data signals a likely increase in selling pressure on PEPE, supporting a bearish thesis for the meme coin’s price. 
PEPE
Bitcoin (BTC) price falls to around $46,000 during Friday’s Asian session, correcting from the two-year high of $48,900 seen on Thursday. Bitcoin’s rally was likely caused by rising market interest following the US Securities and Exchange Commission’s (SEC) approval of spot exchange-traded funds (ETF) that track Bitcoin’s price. 
BTC
 

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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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Ripple slips below $1.30 as sellers tighten grip

Ripple slips below $1.30 as sellers tighten grip

Ripple (XRP) hovers below $1.30 on Tuesday, held down by a weakening technical structure. The broader crypto market remains bearish ahead of the Federal Reserve’s (Fed) October 28 monetary decision.

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum, XRP tick lower amid mixed ETF flows

Bitcoin is trading above $81,000 on Tuesday, aligning with a lethargic tone in the broader cryptocurrency market. Altcoins, including Ethereum and Ripple, reflect Bitcoin’s lock-step price action, trading below $2,400 and $1.30, respectively.

Pi Network extends losses as social interest declines

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NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

NEAR Protocol Price Forecast: Mild correction persists despite resilient ETF inflows

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Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin: Macroeconomic headwinds, cooling demand cap BTC gains

Bitcoin (BTC) extends losses this week, trading below $82,500 as of Friday as selling pressure continues. Weakening institutional demand supports this pullback as BTC spot Exchange-Traded Funds (ETFs) are on track to record a two-week withdrawal streak, reaching $146.19 million in net outflows through Thursday.