Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Circle — Asian Wrap 10 June

FXStreet Team FXStreet

Bitcoin spikes above $110K after account of Paraguay's president claims BTC legal tender

Bitcoin (BTC) rose 4% on Monday following a post from Paraguayan President Santiago Peña's hacked X account stating that BTC has been approved as a legal tender in the country. The post was deleted after Presidencia Paraguay flagged the information as false.

Ethereum Price Forecast: ETH ETFs record seven weeks of inflows; here's why

Ethereum (ETH) investment products maintained their inflow streak last week, likely driven by the shifting narrative around public blockchains and high anticipation of a Securities and Exchange Commission (SEC) approval for staking within ETH ETFs.

Circle stock extends rally following T-Rex, ProShares and Bitwise filings for ETFs based on CRCL

Circle (CRCL) jumped 7% on Monday following filings of asset managers T-Rex, ProShares and Bitwise to launch separate exchange-traded funds (ETFs) tracking Circle's CRCL stock, less than a week after it went live on the New York Stock Exchange (NYSE).

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Aave Price Forecast: AAVE primed for breakout as bullish signals strengthen

Aave (AAVE) price is trading above $204 at the time of writing on Friday and approaching the upper boundary of its descending parallel channel; a breakout from this structure would favor the bulls.

Meme Coins Price Prediction: DOGE, SHIB, PEPE stall amid warming retail demand

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), struggle to regain strength as the broader cryptocurrency market recovers. Derivatives data reveals fresh retail demand as Open Interest of DOGE, SHIB, and PEPE futures surge.

Terraform Do Kwon gets 15-year prison sentence for role in Terra-Luna $40 billion crash

Terraform Labs founder Do Kwon was sentenced to 15 years in prison by a New York federal court on Thursday for his role in organizing one of the largest cryptocurrency frauds in history.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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