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Cryptocurrencies Price Prediction: Litecoin, Ethereum & Bone — Asian Wrap 27 September

Litecoin price is failing recovery as Whales pull back to December 2020 lows

Litecoin price was showing some signs of recovery about two weeks ago, but it failed to sustain the bullish momentum, resulting in minor corrections. While broader market cues are to be blamed for this, a lot of the credit goes to the whales, too, whose disappointing performance has impacted the altcoin.

LTC/USD 1-day chart

Ethereum Restaking - The next big thing after liquid staking?

Ethereum introduced unstaking this year, and the crypto market witnessed a stark shift. The Decentralized Finance (DeFi) space, in particular, observed the emergence of liquid staking protocols. With the discourse of “restaking” picking up heat, it seems like the market is getting ready for the next big thing.

DeFi market TVL

Bone ShibaSwap price peeks 15% as Shiba Inu ecosystem unleashes ‘gateway to something extraordinary’

Bone ShibaSwap (BONE) price is recounting what appears to be a recovery rally, after a 45% slump. The ascent is likely associated with the Shiba Inu ecosystem, whose developers are working to unleash a “gateway to something extraordinary,” according to Shiba Inu’s marketing specialist Lucie Sasnikova.

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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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Experts agree: Bitcoin nears bottom, but weak demand raises doubts
Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.