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Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Ethereum – European Wrap 25 June

Bitcoin Price Analysis: BTC/USD bounces back after a dip under $9,000

Bitcoin price has bounced back after exploring areas under $9,000 on Thursday. The king of cryptocurrencies traded lows of $8,988 after plunging from $9,287 (opening value). At the moment, BTC/USD is trading 0.2% higher from the opening value amid a building bullish momentum as well as expanding volatility.

BTC/USD price chart

Litecoin Price Analysis: LTC/USD needs to recover above $43.50 to improve the short-term picture

Litecoin (LTC) dropped to the intraday low of $41.61 and recovered to $42.63 by the time of writing. The coin has been moving in sync with other digital assets, swept by a massive bearish wave. LTC/USD lost nearly 4% since this time on Wednesday and stayed mostly unchanged since the beginning of the day. Litecoin is the seventh largest digital asset with the current market value of $2.76 billion and an average daily trading volume of $1.53 billion. 

LTC/USD

Ethereum Market Forecast: ETH/USD regains ground, not out of the wood yet

ETH/USD is changing hands at $234.50, down nearly 6% in the recent 24 hours. The second-largest digital asset has been moving in sync with the market and touched the intraday low at $227.26 during early Asian hours. Currently, the coin is moving within a short-term bullish trend amid high volatility.

ETH/USD

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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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Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.
XRP falls toward key support as macro uncertainty, weak momentum cap recovery
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Bitcoin pulls back as another golden cross fails to deliver
Earlier this week, Bitcoin formed a golden cross, a technical signal that occurs when the price’s 50-day moving average rises above the 200-day moving average and is conventionally viewed as a precursor to a bullish rally. Historically, however, that’s often not been the case.
Bitcoin: BTC retreats as macro headwinds grow
Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.