Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Compound

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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Compound
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Bitcoin (BTC) stabilizes around $66,000 on Wednesday after missing a close above $70,000 on Monday.

Bitcoin price struggles at $66,000 amid Mt. Gox transfer concerns Bitcoin stabilizes around $66,000 on Wednesday after missing a close above $70,000 on Monday. Lookonchain reported that US Spot ETFs received inflows of 2,129 BTC worth $140.33 million, a whale acquired 1,300 BTC valued at $85.56 million from Binance, and Mt. Gox continued its creditor payments by transferring 47,229 BTC worth $3.13 billion to three unknown wallets.

Ethereum trumps Bitcoin in BlackRock ETF inflow, eyes double-digit gains Ethereum hit its 2024 peak of $4,093 on March 12, and since then the altcoin has consolidated under this level. After weeks of struggling to make a comeback above key resistance at $3,500, Ether is primed for a recovery, per on-chain data. Compound price poised for 20% rally following positive on-chain data Compound price is encountering resistance at the 100-day Exponential Moving Average at $53.84.

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