Cryptocurrencies Price Prediction: PI, Bitcoin & Ethereum – European Wrap 16 September

FXStreet Team FXStreet

Pi Network Price Forecast: PI remains steady at $0.35 as market awaits Fed rate decision

Pi Network (PI) price is currently holding above $0.3500 level at press time on Tuesday, struggling to enforce a channel breakout rally. The technical outlook indicates that the PI token is standing at a crucial crossroads as the market sentiment ahead of the US Federal Open Market Committee (FOMC) meeting, which will decide on interest rate cuts on Wednesday, remains muted.

Bitcoin holds 115K, but can it break higher after tomorrow’s Fed rate decision?

Bitcoin is holding steady above 115k as the mood turns cautious ahead of the Federal Reserve interest rate decision tomorrow. Other major cryptocurrencies such as Ethereum, Solana, and XRP are also unchanged on the day. However, there are pockets of strength with Avalanche and Polkadot rising 2%. The total cryptocurrency market capitalization has risen 0.3% over the past 24 hours to $4.01 trillion.

Two AI tokens to watch as Ethereum Foundation debuts new AI team

The Ethereum Foundation has established a new Artificial Intelligence (AI) team, whose mission is to build the network as the preferred settlement and coordination layer for the emerging sector.

Author

FXStreet Team

FXStreet

Markets move fast. We move first.

Orange Juice Newsletter brings you expert driven insights - not headlines. Every day on your inbox.

Editor's Picks

Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

Orange Juice Newsletter – Smart insights by real people. Every day.

A free newsletter highlighting key market trends to help traders stay a step ahead. Daily insights on the most relevant trading topics, compiled by our experts in an easy-to-read format so you never miss an important move.

Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

Legal Text

Markets move fast. We move first.

Editor's Picks