Top 3 Coins Price Prediction Bitcoin, Ethereum and Ripple: BTC eyes drop to $10,500?
The US Federal Reserve has recently announced that it will keep interest rates near 0% through 2023 - a move that could potentially push more investors towards cryptocurrencies. The Fed noted that near-zero interest rates would likely help the US recover from the economic fallout from the COVID-19 pandemic.
Ethereum Price Forecast: Uniswap pushes ETH near $400 levels – Confluence Detector
Ethereum has experienced a sudden dip in token velocity. The total value locked in Uniswap has spiked by 75% over the last 24 hours. As per Santiment, Ethereum’s on-chain development shows a spike in recent development activity.
Cardano Market Update: ADA trends horizontally despite spike in developer activity
IOHK, the company behind Cardano, announced the Project Catalyst. It's a $250,0000 funding round that encourages entrepreneurs and developers to create on top of the Cardano chain. Developers are encouraged to build solutions that not only help Cardano but use the tech to solve bigger problems.
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Crypto bloodbath: $325 billion market cap vanishes amid selling pressure
The Kobeissi Letter reports on Tuesday a $325 billion wipeout in the crypto market capitalization since Friday. Additionally, Bloomberg reports that Citadel Securities, a firm with $65 billion in assets, is exploring a role as a Bitcoin and crypto liquidity provider.
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Bitcoin edges below $90,000, ending its long streak of consolidation
Bitcoin (BTC) continues to trade in red, reaching a low of $88,200 during Tuesday’s early Europen trading session and hitting the lowest level since mid-November after falling 4.89% the previous day.
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Shiba Inu holders unload 61.5 billion tokens in the last ten days
Shiba Inu price hovers around $0.000013 on Tuesday after dropping nearly 12% the previous day. Supply Distribution data shows that whale wallets have decreased SHIB holdings in the last ten days.
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XRP eyes further downside as Trump to implement tariffs on Mexico, Canada, in March
Ripple's XRP joined the wider crypto market decline, plunging nearly 10% on Monday following President Donald Trump reiterating that the US will kick off tariffs on Mexico and Canada.
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Bitcoin: BTC demand and liquidity conditions remain weak
Bitcoin price has been consolidating between $94,000 and $100,000 since early February, hovering around $98,000 at the time of writing on Friday. Despite this consolidation, US Bitcoin spot ETFs data recorded a total net outflow of $489.60 million until Thursday, hinting signs of weakness among institutional investors.
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