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Cryptocurrencies Price Prediction: Solana, Chainlink & Bitcoin — Asian Wrap 24 October

Cryptocurrencies Price Prediction: Solana, Chainlink & Bitcoin — Asian Wrap 24 October
FXStreet TeamFXStreet TeamFXStreet

SOL bullish breaker could flip back to supply barrier as Solana’s largest DeFi protocol blocks UK users

Solana (SOL) price continues to maintain its gains as the bears remain in the cage. The purported Ethereum-killer (ETH) joined Bitcoin (BTC) price in the uptrend that began around October 13 to test the stiff resistance at $30.24.

Chainlink price correction imminent after 35% rally liquidates $12 million worth of LINK in 72 hours

Chainlink price observed a massive rally in the past few days, which brought profits to a significant chunk of LINK holders. However, the altcoin seems to have found its top around the $10 mark, as LINK is most likely preparing for a major crash soon.

LINK/USD 1-day chart

Bitcoin price pumps hard as investors discuss ‘logic’ behind US SEC delay of spot BTC exchange-traded fund

Bitcoin (BTC) price continues with its bullish bias, steadily edging north past crucial barriers. Meanwhile, investors are discussing the spot BTC exchange-traded funds (ETF), with a view to determining why the US Securities and Exchange Commission (SEC) continues to delay the decision.  

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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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Crypto Today: Bitcoin, Ethereum, and Ripple extend downtrend as selling pressure mounts

Crypto Today: Bitcoin, Ethereum, and Ripple extend downtrend as selling pressure mounts

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Pi Network hits record low as bearish pressure overwhelms rebound hopes

Pi Network hits record low as bearish pressure overwhelms rebound hopes

Pi Network is trading at a record low, with over 5% losses so far on Monday, following the previous day’s 6% decline. The PI token's retail appeal also takes a hit, with its Open Interest down by over 20% in a week, indicating a large-scale unwinding of active positions.

Ripple risks further losses as bears eye $1

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Ripple extends its decline, trading below $1.09 on Monday after falling more than 10% last week. Weakening institutional demand adds downside pressure, as XRP spot Exchange-Traded Funds (ETFs) recorded $529,510 in net outflows last week, ending a two-week streak of inflows.

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.