Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Ethereum — Asian Wrap 13 June [Video]

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Bitcoin price decline imminent, analyst sets downside targets for cryptocurrencies

Crypto analyst Justin Bennett predicted a significant pullback in Bitcoin price as crypto market capitalization takes a hit. Bennett argues Bitcoin is in the middle of a breakdown from a bearish continuation pattern. The analyst sets a downside target of $23,500, a 15% decline from the current price level for Bitcoin.

Whale scoops up 400 million Dogecoin as the meme coin price plummets 10%

A whale has purchased $31.6 million worth of Dogecoin, accumulating the meme coin through the recent price slump. Thousand large wallet investors on the Binance Smart Chain hold Dogecoin, it ranks in their top 10 holdings. Analysts believe the Dogecoin price could continue to bleed until the meme coin makes a comeback to the $0.08 level.

Ethereum price plummets despite major success of Ropsten testnet

The Ropsten testnet merge was successful, according to Ethereum developer Tim Beiko. Ethereum network is set to push back the difficulty bomb by 2.5 months, and the Sepolia and Goerli merge events on the testnet are approaching. Ethereum price continued to decline with the delay in difficulty bomb, ETH witnessed a double-digit drop.

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XRP and XLM outlook: Mild recovery attempts emerge amid mixed market signals

Ripple and Stellar show mild signs of recovery on Thursday after extending losses earlier this week. XRP is holding above the $1.10 level as bearish momentum begins to fade, while XLM has bounced modestly from a key support zone.

Crypto Overview: Bitcoin consolidates above $60,000 – CRV, WLFI, XMR lead gains

The broader cryptocurrency market maintains risk-off sentiment as Bitcoin lingers above $62,000. The mild recovery in BTC fails to lift the Fear and Greed Index, which at 15 continues to signal extreme fear among investors. Still certain altcoins, Curve DAO, World Liberty Financial, and Monero, have emerged as top performers over the last 24 hours.

Bitcoin faces further downside risk amid growing short-term holder losses, weak ETF demand

Bitcoin's recent decline toward the $60,000 level has pushed the market further into bearish territory, with new investors suffering huge unrealized losses, according to a Glassnode report on Wednesday. The firm noted that Bitcoin's earlier May rally now appears increasingly as a "bear bounce".

CFTC proposes framework to review terrorism, war, assassination-related contracts on prediction markets

The Commodity Futures Trading Commission (CFTC) on Wednesday proposed amendments to Regulation 40.11, seeking to establish a formal framework for reviewing prediction market contracts. The proposed framework targets contracts linked to terrorism, assassination, war, gaming, or conduct that is unlawful under federal or state law.

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.

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