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Cryptocurrencies Price Prediction: PYTH, Ethereum & Crypto – European Wrap 9 October

Cryptocurrencies Price Prediction: PYTH, Ethereum & Crypto – European Wrap 9 October
FXStreet TeamFXStreet TeamFXStreet

Pyth Network Price Forecast: PYTH gains bullish momentum as 100% revenue buyback rule takes hold

Pyth Network (PYTH) price advances above $0.0800 at press time on Friday, building on the 10% jump from the previous day. The rally aligns with the approval of the OP-PIP-136 proposal, confirming a complete transfer of protocol revenue to PYTH token buybacks. PYTH must surpass the previous week’s high around $0.0887 to potentially extend its rally toward the $0.1000 psychological threshold.

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Ethereum activates Glamsterdam on Sepolia testnet: Why the price is falling anyway

Ethereum (ETH) has reached a key milestone in its next major network upgrade. The planned changes aim to improve Ethereum’s Layer 1 capacity and efficiency as network activity grows. The development comes as ETH retreats toward $2,500, highlighting the contrast between the network’s long-term technical progress and its short-term market weakness.

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Crypto Today: Bitcoin, Ethereum and XRP stabilize as bulls seek fresh rebound

Cryptocurrency prices hold broadly stable on Friday, as Bitcoin (BTC) attempts to rise above the reclaimed $82,000 level. Ethereum (ETH) sits above the pivotal $2,500 level while Ripple (XRP) edges up after reclaiming the $1.40 level as support.

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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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Has Bitcoin really escaped the macro forces it was built to fight?

Has Bitcoin really escaped the macro forces it was built to fight?

Over 17 years ago, Satoshi Nakamoto designed Bitcoin on the back of a global financial crisis as an alternative to the global monetary system outside the control of central banks, governments and traditional intermediaries. This raises a key question: has Bitcoin really become independent of the macroeconomic forces it was built to challenge?

Ethereum activates Glamsterdam on Sepolia testnet: Why the price is falling anyway

Ethereum activates Glamsterdam on Sepolia testnet: Why the price is falling anyway

Ethereum (ETH) has reached a key milestone in its next major network upgrade. The planned changes aim to improve Ethereum’s Layer 1 capacity and efficiency as network activity grows. The development comes as ETH retreats toward $2,500.

Bitcoin Weekly Forecast: Uptober or Rektober?

Bitcoin Weekly Forecast: 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.

Ripple bulls gather recovery momentum amid returning ETF inflows

Ripple bulls gather recovery momentum amid returning ETF inflows

Ripple (XRP) trades largely in bearish hands on Friday near $1.40. Although the remittance token has stabilized after a sharp sell-off from weekly highs of $1.53 to lows around $1.32, the path of least resistance remains downward, unless buyers affirm a daily close above the pivotal $1.40 level.

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin: Is BTC setting up for an Uptober rally?

Bitcoin (BTC) extends its gains, trading near $86,000 at the time of writing on Friday after closing September 6.33% up, reversing its seasonal weakness. Historical data suggest October could be a strong month for BTC, especially after a positive September.