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Cryptocurrencies Price Prediction: Bitcoin, Pepe & Crypto – European Wrap 7 July

Cryptocurrencies Price Prediction: Bitcoin, Pepe & Crypto – European Wrap 7 July
FXStreet TeamFXStreet TeamFXStreet

Bitcoin Price Forecast: BTC holds just below $109,000 after record weekly close 

Bitcoin (BTC) edges slightly below $109,000 at the time of writing on Monday after registering its highest weekly close in history. Institutional and corporate demand remains a key driver, with Metaplanet adding 2,205 BTC on Monday and US-listed spot Bitcoin Exchange Traded Funds (ETFs) recording over $769 million in inflows last week. 

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SPX6900, Pepe Price Prediction: Meme coins to watch as Bitcoin targets new all-time highs

Meme coins Pepe (PEPE) and SPX6900 (SPX) edge higher at press time on Monday, signaling a bullish start to the week, after recovering significantly over the weekend as Bitcoin marked a record-high weekly close above $109,000.  

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Crypto Today: Bitcoin shows signs of weakness as Ethereum, XRP pare losses amid US Dollar resurgence

Cryptocurrency prices are relatively stable on Monday, with Bitcoin (BTC) holding below $109,000. An attempt made over the weekend failed to break through the round-figure psychological resistance at $110,000, leaving last week's peak of $110,530 untested. Bitcoin continues to face downside risk as the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, rebounds above 97.00.

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