Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Ripple — Asian Wrap 09 May

FXStreet Team FXStreet

Bitcoin price dips below $28,000 as global macro liquidity continues to drain

Bitcoin price has had a rather better performance over the last couple of weeks in comparison to the rest of the digital assets. This kept the cryptocurrency dominating the market, which, by the looks of it, might bear results if this happens.

Dogecoin price dips by nearly 9% in 24 hours as corrections continue due to overvaluation

Dogecoin price, after showing signs of some potential recovery, failed to chart gains and ended up falling to a five-week low. The investors interestingly already had it coming as signals of the same could be observed for nearly a month now.

Ripple price could drop an additional 10% amid bearish assertions from Cardano’s Charles Hoskinson

Ripple (XRP) price remains bearish after breaking from a horizontal consolidation. The overall bearishness is attributed to the broader crypto market gloom and the pending case between Ripple and the Securities and Exchange Commission (SEC). However, in a recent development, negative chatter between Cardano (ADA) founder Charles Hoskinson and Ripple has reinvigorated the dark clouds above the remittance token.

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FXStreet Team

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Uniswap extends rally amid Arc stablecoin liquidity partnership

Uniswap approaches $3.00 at the time of writing on Tuesday, extending its rebound for the sixth consecutive day. The rebound aligns with the broader risk-on mood in the crypto market, with Bitcoin trading above $67,000.

Crypto Today: Bitcoin extends recovery above $66K as Ethereum and XRP lose momentum

Bitcoin holds above $66,000, seemingly poised to extend its rebound, supported by growing retail demand. Ethereum struggles near the $1,800 short-term supply range despite a strengthening derivatives market.

Bitcoin rebound driven by fading selling pressure as demand remains subdued

Bitcoin extends its recovery, trading above $66,500 on Tuesday, marking four consecutive days of green candlesticks. Report highlights that BTC is staging a tentative relief bounce from deeply oversold conditions, suggesting stabilization rather than a trend reversal.

Zcash, Near Protocol, Hyperliquid regain bullish momentum after Arthur Hayes exit

Zcash, NEAR Protocol, and Hyperliquid edge higher on Tuesday, extending their recovery so far this week. Retail and institutional demand heats up for altcoins, fueling a rebound as prices fully absorb the impact of Arthur Hayes's exit.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.