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Bitcoin (BTC) price pushed above the $31,000 mark on Oct. 23, notching a near 4-month high last seen when BTC price traded at $31,800. The fresh upside push comes as analysts and investors express their excitement over new developments which could point to the impending launch of a spot Bitcoin ETF.
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Chainlink’s LINK price is up over 40% and trading above $10. The bulls seem to be in control and might aim a
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Chainlink (LINK) might rally past $8 NuggetRush (NUGX) aims to redefine meme coins with utility. TRON (TRX) could surge above $0.090 amid rising adoption Crypto analysts predict LINK to break above $8 in the near future. Meanwhile, experts are looking at NuggetRush and TRON in October. Chainlink may rally above $8 on partnerships and ecosystem growth LINK
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“Bitcoin has also been encouraged by possible ETF approval and an increasing number of ETF submissions by leading companies,” shared Lucy Hu, senior trader at Metalpha, in a message early Friday. “The SEC opted for a no-appeal on Grayscale’s ruling, and as the deadline for BTC spot ETF applications from
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Ethereum price failed to start fresh increase above $1,600 against the US dollar. ETH is now struggling to stay above the $1,550
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“Relative to other assets, the risk vs. reward (or upside vs. downside) of crypto looks much better relative to other asset classes,” said Solo Cessay, co-founder of social app Calaxy, in a note to CryptoX. “Crypto looks like it has the best upside vs. downside potential, given the current asset
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Traders could be betting on a development that buoys hopes for a spot bitcoin ETF in the US. Source
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Ethereum price is consolidating above the $1,550 support against the US dollar. ETH could decline heavily if the bulls fail to protect $1,550 and $1,540. Ethereum is struggling to start a recovery wave from $1,550. The price is trading below $1,585 and the 100-hourly Simple Moving Average. There are two bearish trend lines
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Among large-cap cryptos, the Ripple Labs-related (XRP), litecoin (LTC) and Polkadot’s native token (DOT) fell 2%-3%. Ether (ETH) outperformed BTC and the CMI, declining 0.7% to near $1,550. Crypto derivatives traders who bet on higher prices with long positions suffered $50 million in liquidations during the day, CoinGlass data shows.
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Ethereum price is struggling to stay above the $1,550 support against the US dollar. ETH could take a hit if it settles
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