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Cryptocurrencies price prediction: Bitcoin, BONK & Solana – American Wrap 02 January

Bitcoin Price Forecast: BTC trades within recent range as ETF flows stay weak

Bitcoin (BTC) price trades around $89,000 on Friday, extending its sideways price action for nearly three weeks as market participants remain indecisive. Institutional demand continues to soften, with spot Bitcoin Exchange Traded Funds (ETFs) recording mild net outflows for a third consecutive week. Meanwhile, easing year-end liquidity conditions have helped stabilize broader risk sentiment, keeping BTC confined within a narrow trading range for now.

BONK jumps more than 10% in 24 hours as momentum pushes price higher

BONK climbed in the past 24 hours, rising roughly 10.6% to around $0.00000833 as the token advanced through a key technical threshold.

Solana enters 2026 with last-minute boost in RWA momentum

Solana appears poised to expand from its memecoin-focused, retail-dominant network this year, after posting record real-world asset tokenization activity in December. 

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Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move
Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.