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Cryptocurrencies Price Prediction: Bitcoin, Ethereum and Ripple – American Wrap 6 August

FXStreet Team FXStreet

Bitcoin Technical Analysis: BTC/USD eying up $12,000 after $1.2 billion in Bitcoin left exchanges

According to recent reports, the number of Bitcoin inside exchanges has dropped significantly over the past week. This indicates that investors are bullish on BTC and are willing to hold the digital asset instead of selling it.

Ethereum Technical Analysis: ETH/USD playing with the $400 level while the market takes a pause

Ethereum has remained relatively flat for the past four days as bulls and bears are fighting for the $400 level. The 2020-high remains at $415.21 with a support level located at $366.7 in the short-term.

Ripple Technical Analysis: XRP/USD daily bull flag awaiting confirmation to breakout above $0.346

The next resistance level for XRP bulls is $0.32, the high of August 3 and 4, and a psychological level. The last high at $0.325 is also a resistance point and the peak of the bull rally so far. For support, bulls can use $0.29 and the daily 12-EMA at $0.274.

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FXStreet

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.