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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Solana – European Wrap 28 October

Bitcoin Price Forecast: BTC recovers as BlackRock ETF sees over $1 billion in inflows for two weeks running

Bitcoin (BTC) continues to recover and trades above $68,000 on Monday after declining and finding support around $66,000 on Friday. Despite BTC dipping to $65,260 last week, US spot Bitcoin Exchange Traded Funds (ETFs) recorded net inflows of $997.2 million, with BlackRock IBIT funds contributing by $1.15 billion. However, reports that the US government is investigating the Tether stablecoin and rising tensions between Israel and Iran weigh on BTC’s outlook.

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Dogecoin Price Forecast: Further rally likely, fueled by Elon Musk's endorsement

Dogecoin (DOGE) extended its gains on Monday and during the weekend after successfully retesting a key support level on Friday. The bullish price action since broadly mid-October has been bolstered by Elon Musk's promotion of the meme coin, reigniting interest among traders and suggesting a potential rally ahead.

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Solana Price Forecast: Extra 10% gains possible as Solana network beats Ethereum in weekly DEX volume

Solana (SOL) recovered from Friday’s intraday decline to near $160 over the weekend and trades at $178.04 at the time of writing on Monday. The native token of the Solana blockchain eyes further gains as on-chain metrics and technical charts support a bullish thesis. 

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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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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.