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Cryptocurrencies Price Prediction: Bitcoin, Altcoins & Crypto – European Wrap 10 June

Bitcoin Price Forecast: BTC takes a breather as markets await outcome of US-China trade talks

Bitcoin (BTC) price declines to around $109,000 on Tuesday, just inches away from its all-time high. Sentiment in the crypto market is mixed sentiment due to the absence of substantive breakthroughs in US-China trade talks, which continue in London.

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Altcoins to watch this week: UNI, SUI eye double-digit gains as momentum builds

Altcoins Uniswap (UNI) and Sui (SUI) are gaining traction this week, showing signs of potential double-digit gains. UNI is approaching a key technical barrier, while SUI has rebounded after testing crucial levels. On-chain data for both altcoins shows that Spot Taker CVD and funding rates are positive, signaling buy-side dominance.

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Top Crypto Gainers: Meme coins FARTCOIN, WIF lead while Kaia surges with Won-pegged stablecoin pledge

Solana-based meme coins Fartcoin (FARTCOIN) and Dogwifhat (WIF) emerge as top gainers, posting double-digit price increases in the last 24 hours due to Monday's bright performance in the overall crypto market. Still, while the main crypto assets lose ground on Tuesday, both tokens are holding onto recent gains.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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XRP holds bearish bias despite spot ETF inflows
Ripple (XRP) retains a bearish near-term tone on Friday, falling toward the psychological support at $1.00. This follows renewed inflation concerns in the United States (US) after the Federal Reserve (Fed) left interest rates unchanged, as two members of the committee dissented in favor of a 25 basis point hike.
Crypto Today: Bitcoin, Ethereum, XRP edge lower despite renewed ETF inflows
The cryptocurrency market broadly corrects on Friday, as investors assess macro uncertainty and geopolitical tensions, which continue to escalate in the Middle East. Bitcoin (BTC) is trading below $64,000, down from the weekly high of $65,745. Altcoins such as Ethereum (ETH) and Ripple (XRP) are trading under increasing selling pressure below $1,900 and $1.10, respectively.
US sanctions Iran-linked Bitcoin insurance scheme for Strait of Hormuz ships
The U.S. Treasury has sanctioned two Iranian firms behind a maritime insurance operation that accepted Bitcoin, saying the scheme forced commercial vessels to buy coverage to pass through the Strait of Hormuz and funnelled the proceeds to the Islamic Revolutionary Guard Corps.
Bitcoin Weekly Forecast: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.
Bitcoin: Bulls hold the line
Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.