Bitcoin, Polkadot and Shiba Inu – European Wrap 25 October

Bitcoin price has been due for a retracement after rallying for three straight weeks in October. This came on October 21, when BTC began a correction that is now holding up pretty well above a psychological barrier. While a deeper correction seems likely, Ethereum, Ripple and altcoins are looking good and ready to pop higher.

Polkadot price is facing enormous resistance as it sits inside a supply zone. Clearing this barrier will open the path for DOT to retest its all-time high and set a new one.

Shiba Inu token emerged as the third most traded cryptocurrency in the past 24 hours after hitting a new all-time high. Experts have predicted that the memecoin will soon rank in the top 10 cryptocurrencies by market capitalization.