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Cryptocurrencies Price Prediction: Bitcoin, Chainlink and Stellar Lumens – European Wrap 9 December

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Bitcoin tumbles as altcoins present the best buy-the-dip opportunities

The market is a sea of red following Bitcoin’s recent slide to $18,000. Altcoins across the board dived in tandem with BTC, but on-chain metrics suggest that this is the best time to buy the dip and capitalize on their potential recovery. Read more...

BTC/USD 4-hour chart

Chainlink price remains bullish from on-chain perspective despite ongoing correction

Chainlink (LINK) extended the decline and touched $11.22, the lowest level since November 26. Despite the sell-off, LINK is still the seventh-largest digital asset with a current market capitalization of $4.7 billion. The coin has lost over 7% in the recent 24 hours and 12% on a week-to-week basis.  Read more...

LINK's daily chart

Stellar Price Forecast: XLM downward momentum weakening, as bulls prepare to regain control

Stellar bulls are nursing wounds after a massive battering from the sellers over the last 24 hours. The cross-border token has extended the bearish leg under $0.15 and is currently trading at $0.146. Sellers appear to be engulfed by exhaustion amid improving technicals. Read more...

XLM/USD 4-hour chart

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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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Crypto Today: Bitcoin, Ethereum, XRP extend decline, pressured by increasing ETF outflows

Cryptocurrencies are trading under pressure on Thursday, weighed down by risk-off sentiment driven by Middle East tensions and macroeconomic uncertainty. Bitcoin has extended its decline below $65,000 and is targeting the key support area at $60,000.

Bitcoin’s massive storm is back: Why the sell-off is far from over

Bitcoin price action over the last few weeks has felt less like a normal, healthy correction and more like a slow grinding crash that continues to wreak havoc on holdings and trading accounts. And everything suggests that the dramatic crash isn’t over.

Hyperliquid and Near Protocol fall sharply as Arthur Hayes dumps HYPE and NEAR for Worldcoin

Hyperliquid (HYPE) and Near Protocol (NEAR) prices have dropped 11% and 17%, respectively, at press time on Thursday, erasing gains as the well-known investor Arthur Hayes dumps HYPE and NEAR holdings.

Pi Network hits record low as market-wide risk-off sentiment weighs

PI price hovers around $0.1300 at press time on Thursday, reflecting a mild rebound from the $0.1186 record low reached earlier on the day. Deposits totaling roughly 1 million PI tokens on exchanges over the last 24 hours suggest waning investor confidence amid a broader market risk-off sentiment.

Billions in ETF outflows don’t bode well
Bitcoin (BTC) remains under pressure, trading below $74,000 on Friday, and is set to post its third consecutive week of losses. The institutional sell-off continues, with spot BTC Exchange-Traded funds (ETFs) recording billions in outflows. In addition, sticky inflation and macroeconomic headwinds suppress the Crypto King’s upside potential. Institutional demand continues to weaken so far this week.