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Cryptocurrencies Price Prediction: Bitcoin, Ripple & Crypto – European Wrap 12 August

FXStreet Team FXStreet

Bitcoin price hovers around $58,000 after weekend's sell-off

Bitcoin (BTC) is trading slightly above $58,000 on Monday after failing to recover from a 3.6% decline on Sunday. Last week, exchange-traded funds (ETFs) tracking Bitcoin in the US experienced average outflows of $160.10 million, while on-chain data indicates negative signals, suggesting a bearish trend ahead.

Ripple on the verge of breakout amid legal uncertainity

The conclusion of the SEC vs. Ripple lawsuit, with Ripple ordered to pay $125 million in fines, has had a significant impact on XRP prices, causing a notable correction. Despite the court maintaining XRP’s status as a non-security, the ongoing concerns about a potential SEC appeal have weighed heavily on market sentiment. Judge Analisa Torres’s statement that Ripple may have violated federal securities laws has introduced uncertainty, making traders wary of further legal developments. As a result, XRP has dipped below the key psychological support level of $0.60, reflecting the market's apprehension about the potential implications of an appeal on the token’s future.

Top 5 meme coins: Dogecoin, Shiba Inu, Pepe, Dogwifhat and Bonk extend losses

Meme coins erased 6% of their market capitalization in the last 24 hours, down to $40 billion per CoinGecko data. The shrinking market capitalization reflects the “fear” among crypto traders.

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FXStreet

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.