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Cryptocurrencies Price Prediction: Bitcoin, Ethereum & Ripple – European Wrap 26 June

Bitcoin Price Analysis: BTC/USD gains ground, ahead of options expiry

BTC/USD is changing hands at $9,211 after a short-lived dip to the intraday low of $9,079. Bitcoin has stayed mostly unchanged both on a day-to-day basis and since the beginning of Friday as the market waits for the massive options expiry later during the day. The mrket capitalization of the first digital asset exceeded $169 billion, while its market share settled at 64.4%.

BTC/USD

Ethereum Weekly Forecast: ETH/USD bears unrelenting towards $200

Ethereum has in the last 48 hours bled profusely due to the rejection at $250. The second attempt at clearing the psychological level ended in dire losses as Ethereum spiraled under $230. Support has been established at $225 but gains above $230 are currently unsustainable. ETH/USD is trading at $228 following a 1.53% loss on the day. Other cryptocurrencies such as Bitcoin and Ripple are also in the red as they continue to nurse losses incurred.

ETH/USD

Ripple Price Analysis: XRP/USD threatens major support below $0.1800

XRP/USD dropped below $0.1800 and touched the intraday low at $0.1784. At the time of writing, XRP/USD is changing hands at $0,1890, down 1% both on a day-to-day basis and since the start of Friday. Ripple's XRP is the fourth-largest digital asset with the current market value of $8 billion and an average daily trading volume of $1 billion. 

XRP/USD

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Ripple technical weakness persists as selling intensifies toward $1.00

Ripple grinds lower, trading around $1.10 at the time of writing on Wednesday. The sticky bearish outlook mirrors the broader crypto market, with major coins such as Bitcoin and Ethereum facing weak demand as investors de-risk.

Crypto Today: Bitcoin, Ethereum, XRP face downside pressure amid investor de-risking

Major crypto assets trade under intense headwinds on Wednesday, as market participants navigate complex geopolitical and macroeconomic environments. Bitcoin has slipped toward $61,000 after its recent rebound was sold near $64,000, leaving buyers exhausted.

Bitcoin Price Forecast: Sticky inflation fears threaten deeper sell-off in BTC

Bitcoin extends its decline on Wednesday, trading below $61,500 at the time of writing as renewed US-Iran tensions keep the risk sentiment capped. In addition, persistent capital outflows from US-listed spot Exchange Traded Funds continue to fuel selling pressure on BTC.

Pi Network extends decline as CEX outflows fail to offset bearish pressure

Pi Network edges lower on Wednesday, extending its third consecutive day of losses. The technical outlook for PI is largely bearish, with a risk of a steeper correction below $0.1184.

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.