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Cryptocurrencies Price Prediction: Bitcoin, Polkadot & Ripple – American Wrap 7 January

FXStreet Team FXStreet

Bitcoin price hits $40,000 for the first time ever

Bitcoin has now hit $40,000 for the first time ever reaching a market capitalization of $742 billion while the entire market capitalization of the cryptocurrency industry hit $1,071,751,000,000.

Polkadot Price Prediction: DOT prepares for another leg up against Bitcoin

Polkadot has been trading inside a massive uptrend since December 28 after a long period of sideways trading since September. The digital asset experienced an explosive increase in trading volume in the past week which adds credence to the bulls.

XRP price shrugs off the FUD and surges alongside XLM, aiming for new full-blown reversal

It seemed that XRP investors were switching their focus onto XLM as a potential alternative in the short-term. XLM price exploded by more than 200% reaching $0.411 while XRP remained trading sideways. However, out of the blue, XRP price saw a 50% rise and broke above several resistance levels hitting $0.36, shrugging off the FUD (fear, uncertainty, doubt) of the ongoing SEC vs. Ripple saga.

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Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.