Your quick shot of the latest crypto moves and news, the Crypto Espresso is brought to you byCapital.comAustralia (AFSL 513393), a multi-award winning global investment trading platform.

Morning Coinheads.

Its time for a price call on Cardano and GALA, while the Smooth Love Potion coin (SLP) just aint working.

And the Bitcoin counter-offensive at 7am Sydney time? US$36,002.69 up 3.45% in last 24 hours.

Let us begin

US market close: Crypto fights back

Prominent cryptocurrencies were mostly higher overnight, stateside, after trading in the red for much of the day. Bitcoin was up, Ethereum was 0.87% higher, while Litecoin was up 1.86%. In other digital assets, Bitcoin Cash was 0.95% in the green and Dogecoin was 0.22% lower.

SLP coin price prediction: Can the gaming token rebound?

The Smooth Love Potion coin (SLP),used in the Axie Infinity gaming metaverse, failedin its attempt to stage a price recovery earlier this month, as a selloff across the crypto marketsaccelerated.

Bitcoin falls below US$35,000 in cryptocurrency decline

Bitcoin fell through the US$35,000 floor for the first time since July 2021 over the weekend asbearish sentiment seems to pervade the overall market.

UK crypto news: BTC sinks to US$33K as the downfall continues

Bitcoin (BTC) was not done fallingafter appearing to stabilise at the end of the carnage weekend for the digital currency market.InLondon morning trade, the coinreached as low as US$33,554.04, representing a 50.9% fall from its all-time high registered last November.

Pi Network: what is the outlook for the as-yet-untraded Pi coin?

Still no sign of a listing of Network Piscrypto on theexchanges despite the organisation insisting it is up to them to decide whetherthey want to or not.Pi Network continues toinsist it is not running an initial coin offering.

Cardano (ADA) price prediction: Will it rally again in 2022?

The global cryptocurrency market has been bearish lately, with its market capitalisation falling from US$2.5trn at the end of 2021 to US$1.62trn.Cardano saw a similar downtrendand was trading at US$1.05 on 24 January, down more than 35% from its monthly high of US$1.63.

GALA coin price prediction: is the bearish trend over?

Like several of the leading altcoins, thedecline that had hit GALA, the token of blockchain gaming developer Gala Games, since Christmas took a dramatic turn downwards on Friday amid a BTC-led loss of investor confidence.The coinhas lost 68% of its value since 27 December.

This article was developed in collaboration with Capital.com Australia (AFSL 513393), a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.

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Crypto Espresso: Your quick shot of the latest crypto moves and news - Stockhead