Crypto Bulls Charge: Ethereum and Bitcoin Defy Gravity as Asian Markets Wake Up
Digital assets flex muscle while traditional finance scrambles to keep up. Ethereum leads the pack with bullish momentum—Bitcoin isn’t far behind, shrugging off regulatory FUD like a worn-out meme.
Virtual currencies? More like virtually unstoppable. Meanwhile, Wall Street still can’t decide whether to ban it or hoard it—classic hedge fund indecision.
Prediction markets hint at another leg up. Buckle up—this ride isn’t stopping just because some suit in Hong Kong raised an eyebrow.
Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP show early signs of exhaustion
Ethereum price retested and found support around its 200-day Exponential Moving Average (EMA) at $2,451 on Sunday, and it recovered 5% by Tuesday. At the time of writing on Wednesday, it trades at around $2,640, nearing its key resistance level at $2,724. If ETH faces rejection from its daily level at $2,724 and closes below its 200-day EMA, it could extend the decline to retest its next support level at $2,247, its 50-day EMA.
Top Gainers VIRTUALS, CAKE, INJ: Altcoins soar with new features and trading volume surge
The broader cryptocurrency market maintains an upbeat trend with altcoins leading the recovery as Bitcoin (BTC) takes a breather at $108k. Top gainers, such as Virtuals Protocol (VIRTUAL), PancakeSwap (CAKE), and Injective Protocol (INJ), dominate the chart, driven by either feature upgrades or a surge in the platform’s trading volume. Virtuals Protocol announced the TP cooldown history feature live as part of a new genesis update, providing more transparency and context to suppression points while offering reasons to help Virgens understand their cooldown status.
Bitcoin hints at a sustainable rally following institutional and whale accumulation
Bitcoin (BTC) traded at $109,880 on Tuesday as whales doubled down on the recent price correction despite a lack of growth in key metrics. Bitcoin’s recent rally was driven by increased institutional and whale accumulation over the past week, resulting in $2.9 billion in inflows into US spot Bitcoin exchange-traded funds (ETFs).
