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Cryptocurrencies Price Prediction: Bitcoin, Shiba & USDC — Asian Wrap 13 March

Cryptocurrencies Price Prediction: Bitcoin, Shiba & USDC — Asian Wrap 13 March
FXStreet TeamFXStreet TeamFXStreet

Shytoshi Kusama announces launch of highly anticipated Shibarium public beta: What to expect from SHIB?

Shytoshi Kusama, the lead developer of the second largest meme coin by market capitalization announced the launch of the public beta of the layer-2 scaling solution. Shiba Inu price started a recovery post the announcement of Shibarium’s launch. 

Will Circle’s stablecoin suffer same fate as UST: Binance and Coinbase react to USDC depeg

Cryptocurrency exchanges with the largest trade volume, Binance and Coinbase have reacted to Circle’s stablecoin USDC depeg. USDC dropped from its $1 parity and hit $0.88 at press time. 

Bitcoin price makes comeback above $20,000 after $422 million in BTC options were liquidated

Bitcoin price suffered a drawdown in response to the collapse of Silicon Valley Bank. BTC dropped to a five-week low, nosediving below the psychological barrier of $20,000. 

BTC/USD

Overview
Today last price20621.83
Today Daily Change-2.55
Today Daily Change %-0.01
Today daily open20624.38
 
Trends
Daily SMA2022786.17
Daily SMA5022918.95
Daily SMA10020224.21
Daily SMA20019708.52
 
Levels
Previous Daily High20923.5
Previous Daily Low19934
Previous Weekly High22652.64
Previous Weekly Low19570.66
Previous Monthly High25271.02
Previous Monthly Low21370.42
Daily Fibonacci 38.2%20545.51
Daily Fibonacci 61.8%20311.99
Daily Pivot Point S120064.42
Daily Pivot Point S219504.47
Daily Pivot Point S319074.93
Daily Pivot Point R121053.92
Daily Pivot Point R221483.45
Daily Pivot Point R322043.41

Author

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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Ondo: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

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Bitcoin Price Forecast: BTC steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin Price Forecast: BTC steadies near $66,000 as markets await first Warsh-led Fed decision

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Hyperliquid open interest surges 32% in week: Is $80 HYPE next?

Hyperliquid open interest surges 32% in week: Is $80 HYPE next?

Hyperliquid’s native token HYPE rallied 44% over five days, hitting a $76.90 all-time high on Tuesday. Despite the pullback to $73, open interest on HYPE futures reached the $3 billion mark, signaling growing institutional demand.
Meme Coins Price Prediction: DOGE near breakout, SHIB at ceiling and PEPE leads meme coin recovery

Meme Coins Price Prediction: DOGE near breakout, SHIB at ceiling and PEPE leads meme coin recovery

Meme coins are approaching a key technical level on Wednesday, which could determine the next directional bias. Dogecoin (DOGE) struggles to overcome a major resistance level, and Shiba Inu (SHIB) recovery lost momentum near a crucial barrier. Meanwhile, Pepe (PEPE) extends its rally for a sixth straight day, raising the prospects of further upside if momentum persists.
Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.