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Cryptocurrencies Price Prediction: Solana, Loom & Bitcoin — Asian Wrap 13 October

Cryptocurrencies Price Prediction: Solana, Loom & Bitcoin — Asian Wrap 13 October
FXStreet TeamFXStreet TeamFXStreet

Turn off Solana and win $400,000 - Solana Foundation executive announces offer

Solana has been touted as an Ethereum killer, but as with every blockchain in the crypto market, the network does not come without its fair share of issues. While many who get hacked or exploited deal with the issues after the fact, Solana intends to get a step ahead by making a very lucrative offer to white hat hackers.

SOL/USD 1-day chart

Loom Network price hits strong weekly resistance after 32% surge as LOOM ranks high on Korea’s Upbit

Loom Network token (LOOM) is highly bullish, passing as a rather lucrative investment for traders who use the scalp technique, buying and selling the asset within a short period to make small profits. With traders relying on LOOM’s price fluctuations for quick entry and exit trades, extra caution is required as signs point to manipulation.

Bitcoin likely to pull back after another failed breakout, CPI beats expectations at 3.7%

Bitcoin (BTC) price is likely to pull back, if history is enough to go by, leaving bear sellers to suffer after multiple failed breakouts.

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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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Solana Price Forecast: ETF inflows, improving liquidity conditions lift SOL

Solana Price Forecast: ETF inflows, improving liquidity conditions lift SOL

Solana extends its strong weekly gains, up more than 19% so far this week, and is approaching the key 200-day EMA at $89. This bullish price action is supported by crypto markets continuing to cheer the US Treasury’s decision to double its debt buyback operations. In addition, institutional demand for SOL continues to strengthen this week.

Top 3 Price Prediction: Bulls in control with BTC heading toward $80,000, ETH $2,500, XRP $1.50

Top 3 Price Prediction: Bulls in control with BTC heading toward $80,000, ETH $2,500, XRP $1.50

Bitcoin, Ethereum, and Ripple are extending their rallies as bullish momentum strengthens and continue to cheer the US Treasury’s decision to double its debt buyback operations. BTC has climbed nearly 20%, ETH over 25% and XRP nearly 30% so far this week.

Crypto Overview: Bitcoin eyes $75,000 breakout as Ethena and Pump.fun extend rally

Crypto Overview: Bitcoin eyes $75,000 breakout as Ethena and Pump.fun extend rally

Bitcoin maintains its steady recovery toward $75,000 following the US Treasury announcement of at least $4 billion of long-term bond buybacks. The broader crypto market risk-on sentiment has improved, evidenced by the Fear and Greed Index rising to 68 on Friday, indicating increased greed among investors.

CFTC will establish crypto rules if Congress stalls CLARITY Act

CFTC will establish crypto rules if Congress stalls CLARITY Act

Commodity Futures Trading Commission (CFTC) Chairman Michael Selig said the agency is prepared to use its existing authority to establish a regulatory framework for crypto markets if Congress fails to pass the Digital Asset Market Clarity (CLARITY) Act.
Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin: Hormuz uncertainty clouds BTC outlook

Bitcoin (BTC) trades around $62,900 at the time of writing on Friday, down over 3% so far this week amid cautious institutional demand and persistent geopolitical uncertainty. While BTC shows signs of stabilization, elevated Oil prices and tensions in the Strait of Hormuz continue to weigh on risk sentiment, keeping the Crypto King’s near-term outlook under pressure.