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Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Gold – American Wrap 12 May

Cryptocurrencies Price Prediction: Bitcoin, Cryptos & Gold – American Wrap 12 May
FXStreet TeamFXStreet TeamFXStreet

Bitcoin ETFs net $867 million as Strategy scoops up additional $1.3 billion worth of BTC

Bitcoin (BTC) briefly crossed $105,450 before declining to $101,400 on Monday as CoinShares' report revealed that Bitcoin exchange-traded funds (ETFs) recorded $867 million in net inflows last week. Meanwhile, Strategy increased its Bitcoin holdings after purchasing 13,390 BTC for $1.3 billion last week.

Crypto Today: SHIB, Pi Network and DOGE emerge as top gainers as Bitcoin crosses $2T market cap

Cryptocurrency markets consolidated near the $3.5 trillion market cap, down by a mild 0.7%, at press time on Monday.

Bitcoin price action, May 12, 2025 | BTCUSDT (Binance)

Bitcoin’s bull run against Gold could accelerate as US-China trade tensions ease

Over the past two weeks, Bitcoin (BTC) has significantly outperformed gold (XAU), and the bullish trend could intensify further.

 

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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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XRP edges higher as bullish derivatives, EMA support underpin breakout prospects

XRP edges higher as bullish derivatives, EMA support underpin breakout prospects

Ripple (XRP) is grinding upward and getting closer to a short-term breakout above $1.40 on Tuesday. This uptick follows the remittance token's defense of support at $1.38, after a short-lived attempt to breach selling pressure at $1.50 last week.
Useless Price Forecast: USELESS poised for another breakout as Korea’s Upbit exchange announces listing

Useless Price Forecast: USELESS poised for another breakout as Korea’s Upbit exchange announces listing

Useless (USELESS) extends its upward trajectory, trading above $0.26 on Tuesday. The meme coin shows strong breakout potential after establishing firm support at $0.20, following an impressive 260% rally from lows near $0.15 on September 1 to a peak of approximately $0.32 last Saturday.
Bitcoin ETFs are still $1 billion shy of breaking even in 2026

Bitcoin ETFs are still $1 billion shy of breaking even in 2026

While investor demand for U.S.-listed spot Bitcoin exchange-traded funds (ETFs) has rebounded in recent weeks, net flows for the year remain firmly in the red. A spectacular August brought in a massive $3.52 billion in fresh capital, followed by a solid $770.15 million so far this month, according to data source SoSoValue.
Top Altcoins Price Forecast: Ripple, Cardano, Solana extend consolidation as bullish momentum fades

Top Altcoins Price Forecast: Ripple, Cardano, Solana extend consolidation as bullish momentum fades

Ripple (XRP), Cardano (ADA), and Solana (SOL) maintain a consolidative tone, struggling to sustain their upside momentum. The technical outlook for XRP, ADA, and SOL suggests downside risk as altcoins struggle to advance their August gains. Ripple trades around $1.40 at press time on Tuesday, holding a constructive bias above its 200-day Exponential Moving Average (EMA) at $1.3550.
Bitcoin: Gearing up for a sharp move

Bitcoin: Gearing up for a sharp move

Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.