Ethereum layer-2 growth and $830 million in spot ETH ETF inflows show investors’ true feelings even as the wider crypto market crumbles.
Bitcoin price remains stuck below $110,000 ahead of the FOMC, with big overhead resistance at $112,000 in place and several key support levels below.
XRP traders say it has the potential to rally to $14 if a technical setup similar to that in 2017 plays out, but a bull pennant breakout will be needed soon.
Bitcoin gains momentum as spot BTC ETF inflows and stable derivatives data offset investors’ war and inflation concerns.
Over the next 10 to 20 years, Bitcoin price could increase by another 100X. At least that’s what one early BTC investor believes.
XRP price is up 2% on June 16, with the hopes that the Ripple-SEC lawsuit could ultimately be finalized and positive sentiment backing hopes for a falling wedge breakout.
Ethereum’s drivers are now different, but the ETH price is consolidating in a multimonth range, echoing its 2017 chart pattern, which resulted in a 1,000% rally.
Bitcoin trades above $105,000 even as the threat of war looms in the Middle East. HYPE, BCH, AAVE and OKB could also catch a bid if BTC holds its current range.
Technical data and ETH accumulation trends suggest price dips in the $2,100 zone are strategic purchasing opportunities.
Data shows that Bitcoin’s price gained at least 16% within a week of sharp oil price rallies.