Cryptocurrencies Price Prediction: Bitcoin, Chainlink & Crypto – European Wrap 30 June

FXStreet Team FXStreet

Bitcoin Price Forecast: BTC ends Q2 with 30% gains, eyeing fresh record high as ETF inflows surge

Bitcoin (BTC) is hovering around $108,000 at the time of writing on Monday after gaining more than 7% last week. Bitcoin concludes a strong second quarter, with gains exceeding 30%. The bullish sentiment is further supported by robust institutional interest, as US-listed spot Bitcoin Exchange Traded Funds (ETFs) recorded $2.22 billion in weekly inflows, the highest since May.

Chainlink Price Forecast: On-chain data signals overhead pressure as LINK holds at a crossroads

Chainlink (LINK) edges lower by over 2% at press time on Monday, starting the week on a declining trend after posting gains during the weekend. Both the technical outlook and on-chain data show overhead supply pressure that could lead Chainlink to extend the pullback, crushing the Open Interest spike in the derivatives market.

Crypto Today: Bitcoin, Ethereum, XRP bullish structure holds amid steady institutional interest

Cryptocurrency prices are taking a breather on Monday following a recovery staged last week, with Bitcoin (BTC) breaking above multiple hurdles, including $107,000 and $108,000. The bullish momentum can be attributed to a growing risk appetite, particularly among institutional investors and companies that are creating or expanding their digital asset treasuries.

Author

FXStreet Team

FXStreet

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.

Ripple technical weakness persists as selling intensifies toward $1.00

Ripple grinds lower, trading around $1.10 at the time of writing on Wednesday. The sticky bearish outlook mirrors the broader crypto market, with major coins such as Bitcoin and Ethereum facing weak demand as investors de-risk.

Crypto Today: Bitcoin, Ethereum, XRP face downside pressure amid investor de-risking

Major crypto assets trade under intense headwinds on Wednesday, as market participants navigate complex geopolitical and macroeconomic environments. Bitcoin has slipped toward $61,000 after its recent rebound was sold near $64,000, leaving buyers exhausted.

Bitcoin Price Forecast: Sticky inflation fears threaten deeper sell-off in BTC

Bitcoin extends its decline on Wednesday, trading below $61,500 at the time of writing as renewed US-Iran tensions keep the risk sentiment capped. In addition, persistent capital outflows from US-listed spot Exchange Traded Funds continue to fuel selling pressure on BTC.

Pi Network extends decline as CEX outflows fail to offset bearish pressure

Pi Network edges lower on Wednesday, extending its third consecutive day of losses. The technical outlook for PI is largely bearish, with a risk of a steeper correction below $0.1184.

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.

Legal Text

Editor's Picks