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news-imageDecember 20, 2024

Crypto Price Analysis 12-20 BITCOIN: BTC, ETHEREUM: ETH, SOLANA: SOL, BITTENSOR: TAO, INTERNET COMPUTER: ICP, FILECOIN: FIL, COSMOS: ATOM

Bitcoin (BTC) plunged below $100,000 following Federal Reserve Chair Jerome Powell's comments on reducing rate cuts in 2025, rattling investors and leading to a massive selloff across asset classes.
Publisher: Crypto Daily
Sentiment: Negative
ATOM
BTC

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Positive
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Bitcoin Could Hit $250,000 by the End of 2025, According to This Billionaire Silicon Valley Investor

Amid the broader crypto market correction, you might be surprised to find out that a number of high-profile investors continue to double (and even triple) down on their optimistic price predictions for Bitcoin (BTC -1.60%). Billionaire Silicon Valley venture capitalist (VC) Tim Draper, for example, still thinks Bitcoin could hit $250,000 by the end of 2025.

Positive
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Negative
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Ethereum Breakdown: Analyst Eyes $1,200 Price Target

Following a period of intense price consolidation, the Ethereum (ETH) market experienced an eventful trading week that featured a damning rejection at the $2,100 price level which has emerged as a major resistance zone in recent times. Following this bearish development, analysts continue to speculate on the future of crypto's largest altcoin.

Negative
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March 29, 2025

Greedy L2s are the reason ETH is a 'completely dead' investment: VC

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Neutral
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March 29, 2025

Is Binance Delisting Ethereum From Their CEX? CZ Responds

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Positive
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Bitcoin's Next Move: Here's What Exchange Flows Are Telling Us

While Bitcoin has seen less upward momentum in recent days, the asset still manages to maintain stabilization above the $84,000 ever since its reclaimed it earlier this week. So far, BTC's uptick in the past week has reduced to a mere 0.2% as it price currently trades at $84,263 down by 3.

Negative
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Why is Bitcoin Price Down Today? Peter Brandt Predicts $65,635 Bearish Target

Bitcoin price plunged below $85,000 on Friday, hitting $84,200 at its lowest point as market-wide selling pressure triggered massive liquidations. Bitcoin Price Tumbles Below $85,000, Sparking $116 Million Long Liquidation Bitcoin (BTC) fell below the critical $85,000 support level on Friday, hitting a low of $84,200 as selling pressure intensified.

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