Cryptocurrencies Price Prediction: Bitcoin, Litecoin & Ethereum – European Wrap 3 June

FXStreet Team FXStreet

Bitcoin Price Forecast: BTC/USD pivotal at $9,500, is $10,000 still in the picture

Bitcoin price is holding around $9,500 after a miner recovery from intraday lows on the day at $9,369. The struggle to defend the level at $9,500 comes after a devastating free-fall from highs above $10,000. Bitcoin had on Monday surged to levels above $10,400 but selling pressure took precedence as investors rushed to take profit.

Litecoin Chart Analysis: LTC/USD bulls lie in wait on approach to $45.00

Litecoin (LTC) has been trading in a tight range since the start of the day, consolidation large moves of the previous days. LTC/USD hit the low of $44.52 on Tuesday amid major sell-off on the cryptocurrency market and managed to recover to $46.20 by the time of writing. The coin has lost over 5% in the recent 24 hours and stayed unchanged since the beginning of Wednesday.

Ethereum Price Update: ETH worth of nearly $1 billion is locked in DeFi applications

The value of funds locked on smart contracts of decentralized finance applications (DeFi) reached nearly $1 billion after a sharp decrease in March amid global sell-off on the cryptocurrency market.

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Ripple holds $1.82 support as low retail demand weighs on the token

Ripple (XRP) is trading between a key support at $1.82 and resistance at $2.00 at the time of writing on Thursday, reflecting the lethargic sentiment in the broader cryptocurrency market.

Aster declines for fifth straight day despite buyback efforts

Aster trades under intense selling pressure, recording 3% loss at press time on Thursday. The perpetual-focused exchange resumed its Stage 4 buyback program on Wednesday and currently holds almost 52 million ASTER tokens.

Crypto Today: Bitcoin, Ethereum hold steady while XRP slides amid mixed ETF flows

Bitcoin eyes short-term breakout above $87,000, underpinned by a significant increase in ETF inflows. Ethereum defends support around $2,800 as mild ETF outflows suppress its recovery. XRP holds above at $1.82 amid bearish technical signals and persistent inflows into ETFs.

Bitcoin steadies near $87,000 as strong ETF inflows offset bearish pressure

Bitcoin is attempting to stabilize, holding near $87,000 on Thursday after this week’s pullback. Institutional demand shows signs of optimism, as US-listed spot Bitcoin Exchange-Traded Funds (ETFs) recorded fresh inflows of over $457 million on Wednesday.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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