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Cryptocurrencies Price Prediction: Bitcoin, BNB & Ethereum – European Wrap 14 February

Bitcoin Weekly Forecast: BTC consolidates before a big move

Bitcoin's (BTC) price has been consolidating between $94,000 and $100,000 for the last ten days, and, when writing on Friday, it hovers around $97,000. Despite this consolidation, US Bitcoin spot Exchange Traded Funds (ETFs) data recorded a total net outflow of $650.80 million until Thursday, hinting signs of weakness among institutional investors. Moreover, this week, US macroeconomic data and Trump’s push for a Russia-Ukraine peace deal affected Bitcoin prices.

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BNB price rally as trading volume reaches 5.13 billion

BNB (BNB) price trades around $680 on Friday after rallying nearly 11% this week. On-chain data paints a bullish picture as BNB trading volume reaches 5.13 billion, and the long-to-short ratio reaches the highest level over a month. Moreover, Santiment data shows that Broccoli is trending due to its association with a meme coin linked to the dog owned by the former CEO of Binance Changpeng Zhao (CZ).

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Billions in Bitcoin and Ethereum options expire, market braces for volatility

Over $2.5 billion in Bitcoin and Ethereum options expire today, sparking fears of market volatility as traders watch for price movements.

Over $2.5 billion in Bitcoin and Ethereum options will expire today, which could lead to increased volatility in the crypto market. Traders are closely watching how this event might impact prices over the weekend, especially after recent US economic data influenced market sentiment.

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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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Ripple ticks up as buyers re-engage

Ripple trends higher at the time of writing on Thursday, trading above $1.12. The cross-border remittance token seeks to erase a persistent downtrend that has weighed on the price since mid-May, as investors navigated geopolitical tensions in the Middle East.

Crypto Today: Bitcoin, Ethereum, XRP rebound broadens despite continued US-Iran strikes

Bitcoin steadies its recovery on Thursday, edging higher toward $63,000 despite incessant capital outflows. Meanwhile, altcoins, including Ethereum and Ripple, exhibit subtle rebound signs, trading above $1,650 and $1.12, respectively.

Bitcoin stages modest rebound ahead of US PPI data

Bitcoin recovers slightly, trading above $62,500 on Thursday after three consecutive days of losses. US-listed spot ETFs recorded outflows of $213.85 million on Wednesday, indicating persistent withdrawals amid renewed US-Iran tensions.

Pi Network: Recovery at risk with 16 million PI tokens ready for unlock

Pi Network edges higher on Thursday after three days of consecutive losses earlier this week, extending the prevailing downtrend since late April. The scheduled unlocking of 16 million PI tokens on Thursday could add pressure to the intraday recovery.

Bitcoin: After the bloodbath, everyone looks at $60,000
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.