Cryptocurrencies Price Prediction: Avalanche, Ethereum & Bitcoin — Asian Wrap 27 September
|Avalanche rallies following launch of incentive program for developers
Avalanche announced the launch of Retro9000 on Thursday as part of its larger Avalanche9000 upgrade. Retro9000 is a program designed to support developers with up to $40 million in grants for building on the Avalanche testnet.
Ethereum could retest $2,707 resistance following increasing ETF inflows and uptrend in funding rates
Ethereum (ETH) traded around $2,640 on Thursday, up more than 2% following increased bullish bias among investors, as evidenced by ETH ETF net inflows and an uptrend in funding rates. However, investors may be wary of a potential correction from ETH's rising exchange reserve.
Crypto Today: Bitcoin, Ethereum and XRP trade in the green as crypto lost to hacks and fraud plunge by 40%
Bitcoin (BTC) trades around $65,100 on Thursday, up 3% on the day. The move saw the largest cryptocurrency by market capitalization breaking a key resistance around $64,700. Bitcoin ETFs recorded a positive net flow of $105.9 million on Wednesday, extending their streak to five consecutive days of net inflows, per Farside Investors data.
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