Cryptocurrencies Price Prediction: Cardano, Solana & Bitcoin – European Wrap 10 April
|Cardano stabilizes near $0.62 after Trump’s 90-day tariff pause-led surge
Cardano (ADA) stabilizes around $0.62 on Thursday after a sharp recovery the previous day, triggered by United States (US) Donald Trump’s decision to pause tariffs for 90 days except for China and other countries that had retaliated against the reciprocal tariffs announced on April 2. China faces a 125% tariff to be levied on all exports to the US after the Asian country retaliated with 84% duties.
Solana signals bullish breakout as Huma Finance 2.0 launches on the network
Solana (SOL), the fourth-largest smart contracts token, slightly retraces and trades at $114.46 at the time of writing on Thursday after gaining 8% in the last 24 hours. SOL surged to retest the $120.00 hurdle as global markets rebounded in celebration of United States (US) President Donald Trump’s decision to suspend reciprocal tariffs, which affected dozens of countries, on Wednesday. Meanwhile, Huma Finance 2.0, the first Payment Finance (PayFi) Network, debuted on the Solana blockchain, bringing stable, real yield to the decentralized finance (DeFi) ecosystem.
Bitcoin Price Forecast: BTC stabilizes around $82,000, Dead-Cat bounce or trendline breakout
Bitcoin (BTC) price stabilizes at around $82,000 on Thursday after recovering 8.25% the previous day. US President Donald Trump's announcement of a 90-day tariff pause on Wednesday triggered a sharp recovery in the crypto market. This recovery brought in liquidations, reaching $589 million on Wednesday, with the short position liquidation amounting to $374 million. Despite this price revival, the US spot Bitcoin Exchange Traded Funds (EFTs) demand continues to weaken, recording over $127 million outflows on that day.
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