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Cryptocurrencies Price Prediction: Grayscale, Cryptos & Bitcoin – American Wrap 2 April

Cryptocurrencies Price Prediction: Grayscale, Cryptos & Bitcoin – American Wrap 2 April
FXStreet TeamFXStreet TeamFXStreet

Grayscale launches Bitcoin options ETF with a focus on income generation

In a press release on Wednesday, Grayscale announced the launch of Bitcoin options-based ETFs, the Grayscale Bitcoin Covered Call ETF (BTCC) and Grayscale Bitcoin Premium Income ETF (BPI).

 

Crypto Today: BTC price surges past $87K, ETH and SOL shorts fuel $235M in liquidations

The cryptocurrency market capitalization currently stands at $2.82 trillion, reflecting a 1.2% decline in the last 24 hours. Key drivers include fresh Bitcoin acquisitions by institutional players and anticipation for the United States (US) Congress stablecoin legislation review, which enters its second day on Wednesday.

Bitcoin Short-term vs Long-term supply | Source: CryptoQuant

Goldman sees Yen rising to low 140s as Bitcoin echoes tech stock weakness

The Bitcoin-Japanese yen (BTC/JPY) pair faced a setback at key trendline resistance Wednesday, as Goldman Sachs (GS) cited the anti-risk yen as the leading hedge against rising U.S. tariff and recession risks.

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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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XRP upside remains capped despite Ripple-Meritz partnership in Korea

XRP upside remains capped despite Ripple-Meritz partnership in Korea

Ripple (XRP) trades in a tight range on Wednesday, with key psychological support levels at $1.30 and $1.35, while a supply-heavy upside caps the token’s recovery potential toward $1.40.

Bitcoin extends rebound above $84,000 with US CPI data in focus

Bitcoin extends rebound above $84,000 with US CPI data in focus

Bitcoin extends its recovery on Wednesday, aiming for the $85,000 resistance. US-listed BTC spot ETFs recorded an inflow of $175.62 million on Tuesday, after a mild outflow on Monday.

Crypto Today: Bitcoin, Ethereum, XRP hold steady ahead of US CPI

Crypto Today: Bitcoin, Ethereum, XRP hold steady ahead of US CPI

Bitcoin (BTC) is staging a subtle recovery on Wednesday, holding above $84,000. The Crypto King remains broadly in bullish hands despite failure to break the supply cluster in the $87,000-$88,000 range.

Pi Network halts decline as Core Team explores stablecoin integration

Pi Network halts decline as Core Team explores stablecoin integration

Pi Network (PI) price is holding steady above $0.0800 at press time on Wednesday, following a 2% rebound the previous day that prevented a lower leg from forming below last week’s low of $ 0.0774.

Bitcoin: Uptober or Rektober?

Bitcoin: Uptober or Rektober?

Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.