Cryptocurrencies Price Prediction: Solana, Ethereum & Bitcoin — Asian Wrap 03 May

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Bitcoiners and cryptocurrency enthusiasts are calling for a marketwide recovery after the flash crash that saw Bitcoin price drop to the $56,000 range.

Solana price pumps 7% as SOL-based POPCAT hits new ATH, JITO becomes largest protocol on TVL metrics It comes following the fourth BTC halving and, more recently, the Federal Open Market Committee Meeting . If a fully-fledged bull market does not commence, token holders will settle for an altcoin season.

Ethereum to break out of bearish move, ETH ETFs unlikely in 2024 Ethereum is beginning to show signs of recovery on Thursday despite a second consecutive day of poor performance in Hong Kong's spot Ethereum ETFs. Bloomberg analyst James Seyffart has also shared that a spot Ethereum ETF may not happen in the US in 2024.

Source: Digital Coin News (digitalcoinnews.net)

Technical Analysis

 

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