Cryptocurrencies Price Prediction: Solana, Ethereum & Bitcoin – American Wrap 17 February
Experts predict Solana price rally as the Ethereum-killer crosses $58 billion in transactions
Solana made headlines with a projects on the network's blockchain; Wormhole suffered a $320 million hack. The blockchain has now recovered from security vulnerabilities and hit a new milestone. Solana's on-chain activity has exploded by crossing $58 billion in all-time transaction volume.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Investors spooked by renewed geopolitical tensions
Cryptocurrencies are on the back foot as investors are getting worried about the escalating situation between Ukraine and Russia, as more reports come in from shots in the Donbas region near Luhansk. As the situation does not seem to de-escalate, investors are pulling their money out of what was believed to be the start of a solid and longer-term relief rally that is stalling at the moment. With more downside pressure to come, expect all significant cryptocurrencies to fall back to supportive pivotal levels.
Bitcoin accumulation comes to halt as investors are cautious ahead of FOMC's next move
Analysts believe that Bitcoin's price slump could last longer than anticipated. Investors believe that Bitcoin's recent price drop could be a sign of crypto winter based on historical data. Bitcoin's correlation with US stocks has increased consistently.
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FXStreet Team
FXStreet
