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Cryptocurrencies Price Prediction: Bitcoin, Shiba Inu & Cryptos – American Wrap 04 February

FXStreet Team FXStreet

Bitcoin is boring

Yes, you read that correctly. Bitcoin (BTC) is boring. But why? It is an exciting, new technology and payment system that can solve many problems surrounding regular currencies. I am not talking about Bitcoin’s value but how its price has behaved since the Bear Market low in November 2022.

Shiba Inu shows signs of rally following partnership with UAE to integrate blockchain into its energy sector

Shiba Inu (SHIB) saw slight gains on Tuesday following its partnership with the United Arab Emirates (UAE) Ministry of Energy and Infrastructure (MOEI) to drive next-generation Web3 solutions in energy and infrastructure across the country.

Crypto market rebounds but faces uncertain growth

The cryptocurrency market has added 3.3% in the last 24 hours. The violent recovery from Monday’s kick-off crash has been losing traction for the past few hours. It seems that while the market has not gone into all-out sell-off mode, a reason for sustained buying is hard to find as threats of surprise tariffs persist.

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FXStreet Team

FXStreet

Crypto market dips as Senate postpones market-structure bill discussion after Coinbase withdrawal

The cryptocurrency market trades in the red on Thursday after the US Senate Banking Committee (SBC) postponed discussions on crypto market structure following Coinbase's withdrawal of support due to multiple issues.

Axie Infinity Price Forecast: AXS slides 7% as exchange netflow hits 3-year high

Axie Infinity price slides more than 7%, trading below $1.12 on Thursday, after a massive surge earlier this week. The bearish sentiment strengthens as AXS’s exchange netflow hits a 3-year high, alongside negative funding rates and rising short bets, all of which hint at a short-term price pullback.

Top Crypto Gainers: Dash, Internet Computer, Pump.fun rally approach crucial levels

Dash (DASH), Internet Computer (ICP), and Pump.fun (PUMP) are the top-performing crypto assets over the last 24 hours. DASH and ICP secured double-digit gains on Wednesday, while PUMP marked its fourth day of recovery.

Bitcoin shows strong correlation with institutional demand following 7% uptick

Bitcoin's price has largely tracked net institutional demand over the past year, according to Bitwise. Net institutional demand is the buying activity of global exchange-traded products (ETPs) and treasury companies minus new supply.

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Bitcoin: Early-2026 rally falters as BTC investors await key catalyst

Bitcoin (BTC) is trading lower toward $90,000 on Friday after encountering rejection at a key resistance zone. The price pullback in BTC is supported by fading institutional demand, as spot Exchange Traded Funds (ETFs) have recorded net outflows so far this week.