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Cryptocurrencies Price Prediction: Solana, Bitcoin & Cardano — Asian Wrap 04 December

Solana price eyes $70 as founder Anatoly Yakovenko bins narrative that SOL is an Ethereum killer

Solana founder Anatoly Yakovenko envisions a future where SOL and Ether (ETH) co-exist, urging that the whole narrative of one ecosystem kills the other be binned.

Bitcoin price could scrap $40,000 before a bigger dip, key levels to watch

Bitcoin (BTC) price is trading with a bullish bias, riding on three themes. First, the fourth quarter has historically proven to be a good month for BTC. Secondly, there is strong anticipation for the approval of spot BTC exchange-traded funds (ETFs), with experts marking the calendar for between January 5 and 10. Third, the Bitcoin halving event slated for April 2024 remains something to look forward to.

Cardano Price Prediction: ADA risks a 10% correction unless this happens

Cardano (ADA) price is bullish, trying to reclaim the April highs around the $0.4500 psychological level. However, for the bulls to stay profitable, the cryptocurrency must overcome a crucial supply  barrier.

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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.