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Cryptocurrencies Price Prediction: Ethereum, Popcat & Altcoins — Asian Wrap 23 August

Cryptocurrencies Price Prediction: Ethereum, Popcat & Altcoins — Asian Wrap 23 August
FXStreet TeamFXStreet TeamFXStreet

Ethereum ETFs record longest outflow streak, exchange net flow indicates mounting selling pressure

Ethereum (ETH) is down 1% on Thursday as its ETF and exchange net flows suggest that sellers dominate the market. Despite the selling pressure, Ethereum co-founder Vitalik Buterin shared a post depicting its growth across several metrics.

Solana meme coin Popcat surges over 20% following Binance futures and KuCoin listings

Binance exchange announced it had listed perpetual contracts for Solana meme coin POPCAT on Thursday with up to 75x leverage. The listing means Binance's wide user base can now gain leveraged exposure to the price of POPCAT. Such listings often translate to significant price growth for a cryptocurrency.

Altcoins NEAR, IMMUTABLE, AVAX rallies amid market downturn

Avalanche (AVAX), ImmutableX (IMX) and Near Protocol (NEAR) tokens rallied on Thursday as all three networks appeared to have experienced positive investor sentiments. AVAX and IMX are currently up 4.2% and 10%, while NEAR slightly declined after rallying 4%.

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Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

Dogecoin Price Forecast: DOGE breaks key support amid declining investor confidence

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Cardano Price Forecast: ADA dips below $0.37, hitting two-month low as bearish momentum builds

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Pump.fun (PUMP), SPX6900 (SPX), and Bittensor (TAO) are leading the losses in the cryptocurrency market over the last 24 hours amid total liquidations of over $500 million. The retail segment alleges institutional manipulation amid an early-morning Bitcoin sell-off routine in the US market.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.