Cryptocurrencies Price Prediction: Bitcoin, Solana & Cryptos — Asian Wrap 21 December
Bitcoin price triggers bullish trades at $44,000; QCP Capital hints at early spot BTC ETF approval
Bitcoin price is awaiting stimulus, which will now only come when the spot ETF approval gets closer. This might not be too far away, as per QCP Capital, which also predicts the cryptocurrency could shoot up by nearly 11% right after.
Solana price could rise 20% provided Bitcoin builds support above $44,200
Solana (SOL) price has been on a tear, standing among the biggest gainers among the crypto top ten. This is despite regulatory FUD, when the US Securities and Exchange Commission (SEC) labeled SOL a security during its market-wide clampdown against cryptocurrency exchanges. As reported, the hard pump has seen the purported Ethereum (ETH) killer unseat Ripple (XRP) to be the fifth cryptocurrency by market capitalization.
NEAR, STX, SOL: Three altcoins likely to create price tops soon as FOMO peaks
Near Protocol (NEAR), Stacks (STX) and Solana (SOL) are among the top gainers, recording double-digit gains despite Bitcoin struggling to build support above $44,200. Late investors as well as the sidelined ones look from the fences as the early bloomers rake in profit. With this, Santiment data points to rising social volumes, pointing to the need for a cautious approach in trading these altcoins.
Author
FXStreet Team
FXStreet
