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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos — Asian Wrap 16 January

Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Cryptos — Asian Wrap 16 January

FxStreet-Crypto
Release Time:
2025-01-16 04:32:40
0

Bitcoin price reverses from $100.6K as retail traders buy Trump-related tokens

Bitcoin price hit $100,686 on Wednesday, posting 3.3% gains within the daily timeframe. market data shows that the traders are leaning more towards the altcoin market following VanEck’s latest ETF filing. 

Ethereum Price Forecast: ETH could rally above $4,400 despite increased staking withdrawals

Ethereum (ETH) is up above 5% on Wednesday as market participants reacted positively to the US Consumer Price Index (CPI) data release. Despite increased staking withdrawals and disappointing ETF flows, Ethereum could rally above $4,400 if it validates a rounded bottom pattern.

Crypto Today: VanEck ETF filing drives BTC to $100k as Stellar (XLM) tracks XRP price rally

Cryptocurrencies aggregate market capitalization reached $3.5 trillion on Wednesday, rising by $152 billion within the daily timeframe.

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