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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Bitcoin Cash – Asian Wrap 03 March

Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Bitcoin Cash – Asian Wrap 03 March
FXStreet TeamFXStreet TeamFXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP rallies as Trump announces ‘Crypto Strategic Reserve’

Bitcoin (BTC) price hovers around $93,000 on Monday after rallying 9.53% the previous day. Ethereum (ETH) and Ripple (XRP) prices followed BTC’s footsteps and rallied nearly 14% and 35% on Sunday. This spike in prices was triggered by Donald Trump’s announcement on his Truth Social platform of a US ‘Crypto Strategic Reserve’, including Bitcoin (BTC), ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA), aiming to boost America’s crypto leadership.

Bitcoin's rebound: Can bulls sustain momentum after a brutal five-day sell-off?

Bitcoin (BTC/USD) shows signs of resilience after enduring a relentless five-day sell-off that saw the price plummet from the $96,400 impact zone to a low of $75,000. The steep decline breached key support levels at $84,200, $81,900, and $78,100, triggering widespread liquidations and exacerbating market fears. However, as March begins, bullish momentum emerges, hinting at a potential shift in sentiment.

Bitcoin Cash price rallies 7% as BTC, ETH, XRP struggle: What follows?

Bitcoin Cash (BCH) was one of the top-performing crypto assets on Friday, defying the bearish market sentiment to score 7% gains. On-chain data suggests the rally could be short-lived with miners actively offloading their reserves. 

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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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