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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & KuCoin – American Wrap 8 July

FXStreet Team FXStreet

Bitcoin struggles at $9,300, while altcoins on the run

The cryptocurrency market recovery is driven by altcoins. XRP, BCH, ADA, LINK, XLM and other coins have been smashing resistance levels one after another with no particular fundamental reason. Bitcoin (BTC) is struggling at $9,300 and losing its market dominance. The total capitalization of all digital assets in circulation has reached $272 billion, while Bitcoin's market share slipped to 62.7%.

Ethereum Technical Analysis: ETH/USD eying up $300 after a convincing bullish reversal pattern

In just three days, Ethereum was able to confirm a daily uptrend and break above an important long-term trendline. Bulls are now only facing the resistance area between $250-253.47 before $287.41, the 2020-high. Ethereum 2.0 is also getting closer and closer and might be having an impact in the price.

KuCoin Shares Technical Analysis: KCS/USD recovers from a 42% flash crash and gets closer to $1 again

KuCoin Share is a token created by KuCoin, the cryptocurrency exchange. KCS holders receive dividends in the form of other tokens. The flash crash on July 7 is definitely weird, although it can be attributed to a lack of liquidity. Fortunately, KCS crashed and recovered within 30 minutes but not entirely. KCS was trading at around $0.82 before the crash and only managed to recover to around $0.74. Hours later, bulls finally pushed KCS back up to $0.82.

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FXStreet Team

FXStreet

Cardano Price Analysis: Approaches key trendline amid bearish sentiment

Cardano (ADA) price is approaching its descending trendline around $0.28 at the time of writing, set to shape the next directional move. The derivatives metrics paint a bearish picture, with ADA’s Open Interest continuing to fall and short bets rising among traders.

Top Crypto Gainers: Decred, Zcash, and Dogecoin lead recovery as Bitcoin crosses $72,000

Bitcoin trades above $72,500 at press time on Thursday, holding its 6% gain from the previous day, contributing to a broader market recovery. The total cryptocurrency market capitalization stands at over $2.43 trillion as the broader market sentiment improves significantly.

Trump presses Congress on CLARITY bill after meeting with Coinbase CEO

US President Donald Trump is urging legislators to pass the CLARITY Act after allegedly meeting with Coinbase CEO Brian Armstrong amid growing dispute over stablecoin yields.

Ethereum Price Forecast: ETH jumps alongside a spike in open interest, realized price could limit upside

Ethereum (ETH) has jumped above $2,100 on Wednesday, following a general recovery across the crypto market. The move was accompanied by a spike in Ethereum's open interest, which has increased to 13.43M ETH — its highest level since January 31. The top altcoin's OI has been rising since February 19, adding 1.2M ETH over the past two weeks.

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.