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

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

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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Ripple holds $1.82 support as low retail demand weighs on the token

Ripple holds $1.82 support as low retail demand weighs on the token

Ripple (XRP) is trading between a key support at $1.82 and resistance at $2.00 at the time of writing on Thursday, reflecting the lethargic sentiment in the broader cryptocurrency market.

Aster declines for fifth straight day despite buyback efforts

Aster declines for fifth straight day despite buyback efforts

Aster trades under intense selling pressure, recording 3% loss at press time on Thursday. The perpetual-focused exchange resumed its Stage 4 buyback program on Wednesday and currently holds almost 52 million ASTER tokens.

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Bitcoin eyes short-term breakout above $87,000, underpinned by a significant increase in ETF inflows. Ethereum defends support around $2,800 as mild ETF outflows suppress its recovery. XRP holds above at $1.82 amid bearish technical signals and persistent inflows into ETFs.

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin is attempting to stabilize, holding near $87,000 on Thursday after this week’s pullback. Institutional demand shows signs of optimism, as US-listed spot Bitcoin Exchange-Traded Funds (ETFs) recorded fresh inflows of over $457 million on Wednesday.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

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.