Cryptocurrencies Price Prediction: Bitcoin, Solana and ApeCoin – European Wrap 6 June

FXStreet Team FXStreet

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Cryptos hint at a bullish week with a twist

Bitcoin price reveals its bullish move after tight consolidation over the weekend. This impulsive move has caused many altcoins to explode as well. Ethereum and Ripple have followed suit but are far away from reaching their short-term objective.

Solana price to tag $50 following upgrade to prevent network outages

Solana blockchain is protected against halts and outages with an upcoming upgrade for durable nonce transactions. Institutional capital is flowing out of Solana to the Ethereum-killer Cardano network. Analysts remain bullish on the Solana price rally.

Is ApeCoin price gaining steam for a significant movement?

ApeCoin price has been consolidating between many barriers for roughly three weeks, hinting at an explosive move. Considering the bullish weekly open for Bitcoin, there is a chance for this volatility to support the bulls.

Author

FXStreet Team

FXStreet

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.

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.