Cryptocurrencies Price Prediction: Bitcoin, Solana & Cryptos – American Wrap 07 February
|Bitcoin’s next big move: Has wave three begun?
In our previous analysis, Bitcoin struggled to break past 107K and 109K, eventually dipping near the holy level of 90K, touching 91,791 on February 3, 2025. However, from that low, Bitcoin made an impressive Wave 1 rally to 102,533, followed by a prolonged Wave 2 consolidation throughout the week.
Solana’s could hit $520 by 2025-end, VanEck says
Investment firm VanEck predicts Solana's SOL will touch $520 by the end of 2025 as the demand for smart contract platforms (SCP) grows and M2 money supply increases in the coming months.
Crypto market blues: A week of decline
The cryptocurrency market has decreased by more than 11% over the past seven days. The primary impact for bearish investors occurred over the weekend and on Monday following the imposition of US tariffs against Canada, Mexico, and China. Despite an initial rally, the market continued its decline, reaching a value of 3.15 trillion, which represents a dip below the previous cyclical low.
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