Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos — Asian Wrap 20 December
|Bitcoin's trajectory shows similarities with previous cycles as long-term holders book profits of $2.1 billion
Glassnode's Week on Chain report revealed the similarities between the current Bitcoin uptrend and previous cycles amid changing market conditions. Meanwhile, long-term investors began distributing their tokens at the $100K level, culminating in a new all-time high of $2.1 billion in realized profits.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP crash, wiping $1.17 billion from the market
Bitcoin (BTC) price trades below $98,000 on Friday after declining more than 6% this week. Ethereum (ETH) and Ripple (XRP) followed BTC’s footsteps, closing below their key support and declining 12% and 4.5%, respectively, this week.
Crypto Today: Hawkish Fed triggers $400B sell-off as meme coins mirror ETH, SOL price dip
The cryptocurrency sector valuation fell below the $3.5 trillion mark on Thursday, with a 10.7% decline reflecting $390 billion worth of outflows.
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