Cryptocurrencies Price Prediction: Bitcoin, Ethereum Classic & Bonk Inu — Asian Wrap 10 January

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Fake SEC Bitcoin ETF Approval Tweet Breakdown: BTC whiplash causes $56 million liquidation in an hour

The spot Bitcoin ETF approval is a highly influential subject in the crypto market at the moment, and just what the market feared occurred when the Securities and Exchange Commission’s (SEC) account was hacked earlier today. Here is a breakdown of what happened, when it happened, and how the market reacted to it.

Ethereum Classic Price Forecast: Chances of 21% correction wane on bullish market momentum

Ethereum Classic price was seemingly adhering to the micro bearish reversal pattern, which failed despite the recent correction in the crypto market. The short-term outlook ahead of the spot Bitcoin ETF approval is now looking bullish as ETC is bouncing back from the crucial support of $19.33.

Solana meme coin Bonk Inu price defies ETF FUD and rallies 22%

Bonk Inu (BONK) price has inflated by 22% and hints that a further upswing is possible if key conditions are met. Interestingly, this rally comes amid fake ETF approval news from the compromised US Securities and Exchange Commission’s (SEC) social media account, X (formerly Twitter). Sidelined buyers might get the opportunity to buy the Solana-based meme coin BONK as a potential pullback could be underway.

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Crypto Today: Bitcoin, Ethereum, XRP lag recovery as Israel and Iran attack each other

Cryptocurrency prices remain under pressure on Monday as market participants navigate tensions in the Middle East after Israel and Iran attacked each other for the first time since the peace deal agreement that was reached in Early April.

Bitcoin Price Forecast: Institutional selling, Middle East tensions keep BTC under pressure

Bitcoin remains under pressure, struggling below $64,000 on Monday after posting its worst one-week return this year. Institutional sell-off remains severe with spot Exchange Traded Funds recording the fourth week of steady outflows of billions since mid-May.

Hyperliquid rebounds as retail interest offsets first-ever ETF outflows

Hyperliquid price is up 6% at press time on Monday, extending the 5% rebound from the previous day. The rebound aligns with HYPE's regaining retail strength in the derivatives market, offsetting the first-ever daily outflows from Exchange-Traded Funds.

Pi Network extends bearish trend as low volumes stall recovery

Pi Network (PI) price hovers below $0.1300 at press time on Monday, following its sixth consecutive weekly loss of 12%. A declining trend in trading volume shadows the falling PI token prices, reflecting weak demand failing to absorb supply pressure.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

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