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.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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