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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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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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Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

Democrats win House and Senate in US midterms: Why isn’t all bad news for crypto

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Ripple nears oversold territory as traders eye buying opportunities

Ripple nears oversold territory as traders eye buying opportunities

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Bitcoin Weekly Forecast: Bears tighten grip as BTC eyes fifth weekly loss

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Post-US midterm elections market sell-off weighs on PI

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Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.