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Crypto update: price BTC and crypto exchanges, ETH, ADA and LINK updates

The US markets are closed again, so we take a look at the live Bitcoin price and the prices of the top 25 crypto. Then we share key developments and price expectations for Ethereum (ETH), Cardano (ADA) and ChainLink (LINK).

We start, of course, with the live Bitcoin price and prices of the top 25 crypto.

Live Bitcoin price and prices top 25 crypto exchanges

At the time of writing, the live Bitcoin price is quoted EUR 19,115.55 ($20,183.16). This is 0.66% lower than during our crypto update yesterday.

The prices of the top 25 crypto show varying results. The biggest loss is currently for Lido Staked Ether (STETH) at -4.22%. Dogecoin (DOGE) is currently posting the biggest gains with +6.58%. On the site of you can analyze all live crypto prices 24 hours a day.

Ethereum (ETH) price loses momentum, crypto experts are divided on the future

We saw Ethereum (ETH) make a nice recovery in recent weeks, but now that momentum seems to be over. The live Ethereum (ETH) price is currently quoting $1,108.28. This is down 3.85% from yesterday.

This puts the currency below $1,200 and appears to have left the bull phase for a consolidation phase. According to some analysts, this provides an opportunity for a nice rebound. They foresee that the rate could rise through $1,400 and $1,750 over the summer months to $2,000 and, in an optimistic scenario, even $2,500. They expect this bullish theory to be broken only at a price of $877.80. You can see their analysis in the video analysis below.

Other analysts are less optimistic. They do not see Ethereum (ETH) returning to the $1,200 level for the time being. On the contrary, they foresee that the price will fall further in the course of the week and advise ignoring the currency for the time being. They foresee profits only for either day traders or investors with a long (2 years +) investment horizon.

Crypto investors tense: Cardano (ADA) Vasil hard fork is now on track

The long-awaited Vasil hard fork was initially scheduled to launch in June. When it turned out that technical updates were needed developers postponed the launch to late July. In a series of tweets, they now announce that the schedule for the Vasil hard fork is on track.

Twitter is not loading because you did not give permission.

We’re delighted to report that in the last few minutes we have submitted an update proposal to hard fork the #Cardano Testnet, and commence the countdown for the #Vasil mainnet upgrade. 🧵


– Input Output (@InputOutputHK) June 28, 2022

Still, there is no immediate optimism about the Cardano (ADA) price. Indeed, the live Cardano (ADA) price is $0.4647. This is 1.02% lower than yesterday. Technical analyses show that a further decline towards $40 towards $0.372 and in an extreme scenario even $0.111 is possible. Below you can watch the video analysis.

Still, investors may have more breathing room than we can expect based on this technical analysis. This is because the news of the Vasil hard fork also ensures that the countdown to the hard fork remains intact. Historical analysis shows that very large price gains are possible leading up to a hard fork. If the Cardano price follows the historical line, even a price record seems possible.

Outlook ChainLink (LINK) price positive

One of the (few) crypto that analysts are currently positive about is ChainLink (LINK). Although the live ChainLink (LINK) price is currently at $6.18 2.68% lower than yesterday, they expect that there is room for large price increases in the short term after a price drop. They base this mainly on fundamental factors.

For example, we see that the number of unique LINK addresses is currently at a record high of 80.8 million. Previous records were followed by a decline, then a rise. We also see that the “circulation uptick” (the number of active addresses is currently rising rapidly.

Thereby, the popularity seems to be structural, as people have rolled out the possibility of LINK strike. This makes this currency increasingly interesting for investors.

You can study the whole fundamental analysis with charts here.

Stay up to date on the latest stock price developments?

You can always follow the developments yourself with our WANT crypto analyses or the background articles and previews on the crypto market and Bitcoin. Of course, you can also follow the live quotes 24 hours a day if you want to stay updated in real time. Are you interested in other investments besides crypto? Then our weekly price forecast on Monday morning might be a reading tip. “Note: We never give financial advice, so you can’t interpret our contributions that way either. Always do your own research and decide on rational grounds if, when, what and how much you want to invest.”

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