Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Crypto – European Wrap 4 March

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Bitcoin Price Forecast: BTC edges below $84,000 as US Crypto Strategic Reserve hype fades

Bitcoin (BTC) price extends its decline on Tuesday, trading around $83,900 and erasing its weekend gains. US President Donald Trump’s announcement of the Crypto Strategic Reserve on Sunday was turned into a short-term “buy the rumor, sell the news” event and wiped 289,815 traders with over $978.62 million in the past 24 hours.

Dogecoin ETF faces SEC review amid growing market optimism

NYSE Arca has filed a 19b-4 with the SEC, seeking approval to list and trade Bitwise’s Dogecoin (DOGE) exchange-traded fund (ETF). This filing follows Bitwise’s earlier submission of an S-1 to the SEC. According to the filing, Coinbase Custody will manage the ETF's Dogecoin holdings, while the Bank of New York Mellon will oversee the cash assets and handle administration tasks.

Crypto could not hold up

Pressure in traditional markets has clipped the wings of the crypto market, which is almost back to the point from which Sunday's rally started. At the start of the day on Tuesday, it was capitalised at $2.76 trillion, having lost over 9% in the last 24 hours. The market fell under the 200-day average on increased momentum, and an attempt to rebound failed even with the help of cryptocurrency news.

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FXStreet Team

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Crypto Today: Bitcoin at $60,000, Ethereum at $1,500, and XRP at $1 face a make-or-break test

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in the red on Friday after three consecutive days of losses, testing their respective make-or-break support levels.

Bitcoin Weekly Forecast: BTC hits 20-month low, will the pain continue?

Bitcoin recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot ETFs recorded $1.35 billion in net outflows through Thursday.

XRP clings to $1 as long liquidations deepen bearish trend

Ripple trades near the key psychological support level of $1 at the time of writing on Friday after losing more than 8% so far this week. CoinGlass liquidation data shows that over 97% XRP long positions were wiped out over the past 24 hours.

Pi Network Price Forecast: Minor recovery amid market crash fuels short-term hope

Pi Network price records a mild 3% recovery at press time on Friday, shaping a rebound from a broken descending trendline. The declining trend in trading volume has stabilized around $10 million this week, supporting the possibility of an extended recovery as selling pressure wanes.

Bitcoin: BTC hits 20-month low, will the pain continue?

Bitcoin (BTC) recovers slightly, trading at $66,000 on Friday after reaching a new yearly low of $58,115 earlier this week, its lowest level since October 2024. Institutional selling intensified as spot Exchange Traded Funds (ETFs) recorded $1.35 billion in net outflows through Thursday.