Cryptocurrencies Price Prediction: Bitcoin, Crypto & Ethereum – European Wrap 21 February

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Bitcoin Weekly Forecast: BTC demand and liquidity conditions remain weak

Bitcoin (BTC) price has been consolidating between $94,000 and $100,000 since early February, hovering around $98,000 at the time of writing on Friday. Despite this consolidation, US Bitcoin spot Exchange Traded Funds (ETFs) data recorded a total net outflow of $489.60 million until Thursday, hinting signs of weakness among institutional investors. Moreover, a CryptoQuant’s report suggests that if demand growth and liquidity conditions do not improve, the price of Bitcoin could decline to $86,000.

Elon Musk’s post sparks Dogefather crypto surge, tokens skyrocket

Elon Musk’s latest post on X triggered a surge in Dogefather-themed tokens, causing prices to spike as investors reacted to his influence in the crypto market.

Elon Musk’s latest post on X has ignited a massive surge in Dogefather-themed tokens, with some experiencing rapid price spikes. Known for his influence in the crypto world, Musk’s social media activity often causes waves, and this time was no different.

Bitcoin and Ethereum face uncertainty as $2B options expire, volatility looms

Bitcoin and Ethereum face a critical test as $2B in options expire, raising concerns over volatility and key support levels in the crypto market.

A major event is unfolding in the crypto market as $2.04 billion worth of Bitcoin and Ethereum options expire, raising concerns about increased volatility. Bitcoin faces key resistance levels, while Ethereum struggles to maintain its footing, leaving traders uncertain about the short-term direction.

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Ripple eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

Bitcoin Weekly Forecast: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

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.