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Cryptocurrencies Price Prediction: Bitcoin, IOTA & EOS – European Wrap 8 June

Cryptocurrencies Price Prediction: Bitcoin, IOTA & EOS – European Wrap 8 June
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Prediction: BTC/USD eyes zoom in on $9,779 resistance – Confluence Detector

Bitcoin sideways trading has entered the new week after dominating the weekend session. It has become unviable to attempt a breakout above $10,000 because the last two spikes resulted in extreme dips. For now, Bitcoin has broken the weekend consolidation range at $9,700 and is teetering at $9,674. On the upside, I anticipate resistance at $9,800 and $10,000 respectively.

fxsoriginal

IOTA Market Update: IOT/USD is set to continue the downside correction

IOTA is the 24th largest digital asset with the current market value of $665 million and an average daily trading volume of $15 million. The coin is changing hands at $0.2380, mostly unchanged both on a day-to-day basis and since the beginning of Monday. Currently, the coin is moving within a short-term bearish bias within a tight range.

IOT/USD

EOS Chart Update: EOS/USD loses over 1% in a matter of minutes, recovery underway

EOS is changing hands at $2.77, down 1.4% since the start of the day. The coin takes the 9th place in the global cryptocurrency rating with the current market value of $2.6 billion and an average daily trading volume of $2.0 billion.

EOS

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

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

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

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.