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Cryptocurrencies Price Prediction: Bitcoin, PUMP & Crypto – European Wrap 11 August

Cryptocurrencies Price Prediction: Bitcoin, PUMP & Crypto – European Wrap 11 August
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Bitcoin Price Forecast: BTC retreats as ETF outflows, US‑Iran stalemate revive inflation worries

Bitcoin (BTC) struggles below $64,000 at the time of writing on Tuesday as rising Oil prices and uncertainty surrounding the US-Iran stalemate weigh on risk sentiment. Weakening institutional demand supports the pullback, as spot BTC Exchange-Traded Funds (ETFs) recorded outflows at the start of the week on Monday, adding near-term pressure on the Crypto King and keeping investors cautious.

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Pump.fun Price Forecast: PUMP rallies on steady revenue, buybacks, and burns

Pump.fun (PUMP) is up nearly 3% so far on Tuesday, extending gains for the third consecutive day. A surge in weekly revenue, reaching an annual high last week, supports PUMP's recovery amid consistent token buybacks and burns. Retail demand holds firm for PUMP, with its futures Open Interest and funding rates rising. The technical outlook for PUMP is mildly bullish, though upside momentum is stretching into overbought territory.

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Crypto Today: Bitcoin and Ethereum consolidate, XRP dips as optimism for a US-Iran deal fades

Bitcoin (BTC) maintains a neutral outlook on Tuesday while testing support at $64,000. Investors appear to be sitting on the fence, awaiting a catalyst for a breakout above $65,000. Ethereum (ETH) follows in Bitcoin’s footsteps, trading below $1,900 while anchored above the $1,800 demand zone.

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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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Injective: Mounting selling pressure threatens a long-term support trendline

Injective: Mounting selling pressure threatens a long-term support trendline

Injective (INJ) extends losses below $7.50 at press time on Thursday, attracting sellers after the previous day’s 6% decline. The derivatives market shows a sell-side bias among traders, as market orders continue to sweep resting bids amid declining Open Interest in INJ futures. The technical outlook for INJ is mixed, with a key support trendline in focus.
Bitcoin under pressure as MSCI removes Strategy from global indexes, puts billions in fund flows at risk

Bitcoin under pressure as MSCI removes Strategy from global indexes, puts billions in fund flows at risk

Bitcoin remains under pressure, trading below $73,800 on Thursday after correcting over 1.5% so far this week. Bearish sentiment grew after news on Wednesday that MSCI, the global index provider, announced it will drop Strategy and other BTC-holding companies from global indexes, putting billions in fund flows at risk.

MSCI drops Strategy from indexes: What it means for Bitcoin

MSCI drops Strategy from indexes: What it means for Bitcoin

Strategy and Bitcoin came under fresh pressure late Wednesday after MSCI finalized its decision to remove the Bitcoin treasury company from its global indexes, raising concerns about potential selling pressure on MSTR shares and its future Bitcoin purchases.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe have yet to find a floor

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe have yet to find a floor

Meme coins, including Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), continue to attract sellers as the broader cryptocurrency market maintains a risk-off sentiment. Bitcoin (BTC) slipped below $75,000 this week amid hot US inflation reports, adding to last week’s uncertainty over tighter regulation as Democrats won the midterms.
Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin: Bears tighten grip as BTC eyes fifth weekly loss

Bitcoin (BTC) remains under pressure, down over 3% this week, trading near $75,500 on Friday and heading for its fifth straight weekly loss. Persistent outflows from US-listed BTC spot Exchange Traded Funds (ETFs), a sharp sell-off in US technology stocks, and rising market liquidations are weighing on sentiment and limiting Crypto King’s recovery attempts.