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Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu and Cardano – European Wrap 10 March

Bitcoin Weekly Forecast: BTC liquidates $300 million positions as it slips below $20,000, is the crash done?

Bitcoin price witnessed a steep correction that has knocked it below a key psychological level. The massive sell-off caused $303 million worth of liquidations in the last 24 hours as traders were caught off guard. But the long-term outlook shows that BTC is right where it should be. There is a chance for a recovery rally to originate, but investors should not hold their breath.
BTC/USDT 1-week chart

Dogecoin, Shiba Inu and Dogelon Mars continue bleeding as crypto market braces itself for FTX-like collapse

Shiba-Inu-themed meme coins Dogecoin (DOGE), Shiba Inu (SHIB) and Dogelon Mars (ELON) are bleeding alongside large market capitalization assets like Bitcoin and Ethereum. Amidst the rising uncertainty with the voluntary liquidation of crypto-friendly Silvergate bank and macroeconomic outlook, the overall crypto market cap has declined to $946 billion. 

Shiba Inc supply on exchanges

Cardano Price Forecast: ADA eyes 13% drop as crypto markets buckle under bearish pressure

Cardano (ADA) price is seeing its most important audience leaving price action at large. Medium-term investors are heading for the exit as several dark clouds form above the cryptocurrency industry. Already two banks have collapsed in the US. The uncertainty is making investors choose cash instead of leaving it at risk in Cardano.

ADA/USD  4H-chart    

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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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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

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

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

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.