The crypto market saw significant activity with Bitcoin (BTC) price predictions reaching $140,000-$165,000, driven by substantial ETF inflows totaling $3.2 billion this week. XRP is testing key resistance levels, with analysts eyeing potential breakouts towards $10. Meanwhile, Ethereum (ETH) is anticipated for a Q4 rally towards $5,000, and several altcoins like BNB and SOL are showing momentum amidst broader market movements.
Key Developments
- Bitcoin price targets set between $140,000 and $165,000 by analysts and JPMorgan, fueled by institutional demand and ETF inflows.
- Crypto ETFs recorded $3.2 billion in net inflows this week, with numerous new leveraged ETF filings for Bitcoin and Ethereum.
- XRP is testing critical resistance levels, with discussions around a potential parabolic run and a $10 price target following a privacy upgrade.
- Ethereum Foundation converted 1,000 ETH ($4.46M) to stablecoins, while ETH is projected for a Q4 rally towards $5,000.
- Coinbase filed for a national trust charter, aiming to bridge crypto with traditional finance.
Next 6 Hour Outlook
The market is likely to remain focused on Bitcoin's ability to sustain its upward momentum and ETF-related developments, while altcoins may see continued rotational interest and volatility as they test key levels.
Top Tickers
BTC
XRP
ETH
LTC
BNB
SOL
DOGE
ADA
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