Cryptocurrencies Price Prediction: Bitcoin, Ripple & Crypto – European Wrap 11 December

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Bitcoin Price Forecast: BTC faces setback from Microsoft’s rejection

Bitcoin’s (BTC) price recovers slightly, trading around $98,400 on Wednesday, after declining 4.47% so far this week. Investor indecisiveness is evident in Bitcoin as mixed signals emerge. Microsoft’s shareholders rejected a proposal to add Bitcoin to the company’s balance sheet on Tuesday, while rising institutional inflows, Ray Dalio’s endorsement of BTC, and increased Bitcoin holdings by Mara Digital and Riot Platforms offer signs of optimism.

Ripple's XRP could resume bullish momentum following RLUSD approval

Ripple's CEO Brad Garlinghouse announced on Tuesday that the company received a green light from the New York Department of Financial Services (NYDFS) on the launch of its stablecoin RLUSD. XRP jumped nearly 7% after the announcement despite on-chain data showing a huge supply pool flooding the Binance exchange.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Google’s ‘Willow’ chip stirs crypto security fears

Bitcoin (BTC) price hovers around $97,500 on Wednesday after declining 4.47% so far this week. Ethereum (ETH) followed BTC’s lead and closed below the key support level, suggesting a continuation of the pullback ahead. Ripple (XRP) bounced off its crucial support level; a firm close below this would indicate a decline ahead.

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FXStreet Team

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Dogecoin tests a key make-or-break point amid waning retail support

Dogecoin trades below $0.08000 maintaining a steady decline for the seventh straight week, with a 4% drop the previous day. The meme coin is losing its retail strength as DOGE futures Open Interest drops 10% in 24 hours, while institutional demand remains muted with zero inflows so far this week.

Meta CEO Zuckerberg directs development of standalone prediction markets app 'Arena'

Mark Zuckerberg has directed a small team at Meta to develop a new smartphone app focused on prediction markets, according to a Tuesday report by the New York Times. The experimental project, internally known as Arena, would allow users to forecast outcomes across sports, politics, entertainment and current events.

Top 3 Price Prediction: BTC under pressure, ETH loses key support, XRP momentum weakens

Bitcoin, Ethereum, and Ripple remain under pressure on Wednesday after falling slightly the previous day. BTC trades below $63,000, ETH slips below $1,700, while XRP momentum continues to weaken. The deteriorating price action in these top three cryptocurrencies suggests a potential continuation of the near-term correction.

Crypto Market Overview: Bitcoin loses $63,000 amid tech sell-off – WLD, VVV tokens lead losses

Bitcoin (BTC) edges below $63,000 at press time on Wednesday, amid a global sell-off of tech stocks, including AI and chip stocks. The broader crypto market recorded $550 million in total liquidations, primarily driven by long liquidations, suggesting sell-side dominance, with Worldcoin (WLD) and Venice Token (VVV) leading losses.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.