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Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin — Asian Wrap 26 September

Cryptocurrencies Price Prediction: Ethereum, Ripple & Bitcoin — Asian Wrap 26 September
FXStreet TeamFXStreet TeamFXStreet

Ethereum takes 2% downturn as CoinShares notes that L2s have complicated economic design of L1 and ETH

Ethereum (ETH) is down over 2% on Wednesday following CoinShares' recent report detailing token transfers and asset speculation as some of the key value drivers for ETH. The report also highlighted how the recent Mainnet upgrade has complicated the Layer 1 (L1) and ETH's economic design.

Crypto Today: Bitcoin, Ethereum and XRP take slight downturn as potential “Uptober” move faces uncertainty

Ripple's XRP is trading around $0.584, down by a mild 0.7% in the past 24 hours. XRP appears to be consolidating within a key price boundary but risks a massive correction if it moves below a lower trendline around $0.572 - $0.576.

Bitcoin holds steady above $63,000 as signs of whale accumulation and ETF inflows

Bitcoin (BTC) trades slightly down around $63,800 at the time of writing on Wednesday, consolidating within the $62,000 and $64,700 key levels for the sixth day in a row. There are signs of indecision among traders as dormant wallets begin to move, some whales accumulated, and the US Spot Exchange Traded Fund (ETF) recorded more than $136 million inflow on Tuesday.

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FXStreet Team

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 Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

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Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

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Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.