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Cryptocurrencies Price Prediction: NEAR, Bitcoin & Crypto – European Wrap 12 October

Cryptocurrencies Price Prediction: NEAR, Bitcoin & Crypto – European Wrap 12 October
FXStreet TeamFXStreet TeamFXStreet

NEAR Protocol Price Forecast: NEAR rally stalls below $6 amid firm ETF inflows

NEAR Protocol (NEAR) is down 3% at press time on Monday, ticking lower after rallying 30% over the last three days as buying pressure eases. The recovery aligns with Bitwise’s NEAR-focused Exchange Traded Fund (ETF) recording its second weekly inflow of over $13 million last week, while NEAR intents confidential TVL rose to $166.9 million on Sunday. The technical outlook for NEAR remains bullish, as upside momentum persists.

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Bitcoin Price Forecast: BTC struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin (BTC) steadies around $83,600 at the time of writing on Monday, after a 3.1% decline last week. Institutional demand shows weakening signs, with spot Exchange Traded Funds (ETFs) recording $681.10 million in net outflows last week, ending a three-week streak of inflows. Meanwhile, ongoing geopolitical uncertainty and mixed signals are dampening risk appetite, keeping investors cautious and capping Crypto King’s rebound.

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Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Cryptocurrency prices are broadly consolidating on Monday, with select tokens such as Ethereum (ETH) slowly edging higher above $2,500. Bitcoin (BTC) holds above $84,000 as bulls battle seller congestion, while Ripple (XRP) consolidates around $1.40.

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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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Cardano Price Forecast: ADA holds above EMAs as recovery builds

Cardano Price Forecast: ADA holds above EMAs as recovery builds

Cardano reclaims trading above the key support zone on Monday after a 2.85% correction last week. Improving derivatives positioning and constructive technical outlook support a recovery for ADA. Derivatives data shows an improving sentiment among Cardano traders. CoinGlass’ long-to-short ratio for ADA reads 1.01 on Monday, flipping into green territory.

Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash Price Forecast: $30 million ETF outflows weigh on mild ZEC recovery

Zcash trades around $1,278 at press time on Monday, holding the previous day's 4% gains and showing a steady recovery over the last three days. Institutional demand for Zcash remains low, with Grayscale’s ZEC-focused Exchange Traded Fund recording $30 million in outflows last week.

Top 3 Price Prediction: BTC reclaims $83,500, ETH takes back 50-day EMA, XRP holds support

Top 3 Price Prediction: BTC reclaims $83,500, ETH takes back 50-day EMA, XRP holds support

Bitcoin takes back $83,500 on Monday after a sharp correction, with the Crypto King slipping below $81,000 the previous week. Ethereum and Ripple followed BTC’s footsteps, recovering and reclaiming the $2,500 and $1.400 marks after a pullback last week.

Ethereum Price Forecast: Weakening derivatives and US sentiment keep ETH below $2,500

Ethereum Price Forecast: Weakening derivatives and US sentiment keep ETH below $2,500

Ethereum saw a brief recovery on Friday, up 3% over the past 24 hours, but remains below the $2,500 key level as derivatives continue to show weakness. Open interest, the total value of outstanding contracts in a derivatives market, briefly rose to 13.29 million ETH earlier on Thursday as prices fell, before retreating to 12.83 million ETH.

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.