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Cryptocurrencies Price Prediction: Bitcoin, Uniswap and Dogecoin – European Wrap 16 February

Bitcoin price rally fails to turn derivatives traders bullish, here’s what to expect

Bitcoin’s positive correlation with tech-heavy Nasdaq has broken down: despite a decline in US stocks, BTC has rebounded, wiping out its losses from the past week. Investor sentiment in the derivatives market has yet to improve, however, and is out of sync with the rally. 
BTC/USD price chart

Uniswap price provides a buying opportunity for UNI bulls before exponential break out towards $10

Uniswap (UNI) price has witnessed a staggering move to the upside after Tuesday's US Consumer Price Index (CPI) numbers. With a further decline in inflation, markets are focusing on a full recovery story as other countries are also reporting lower inflation numbers. Although inflation remains elevated globally, the consecutive decline points to hopes that market conditions will soon return to normal.

UNI/USD daily chart

Dogecoin and Shiba Inu lead the wave of meme coin price rallies, here’s what to expect

Shiba-Inu-themed meme coins are leading a recovery rally in crypto. The two largest meme coins Dogecoin and Shiba Inu recovered from their recent price drops. This is not the first time Musk’s comments have triggered price rallies in meme coins. 

FLOKI price chart

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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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Crypto Overview: Bitcoin stabilizes above $65,000, as Zcash and Worldcoin lead broader recovery

Bitcoin shows signs of recovery, trading above $65,000 on Monday, as the broader crypto market rebounds, fueled by improving sentiment following the United States (US) and Iran's confirmation of a preliminary peace agreement.

Crypto Today: Bitcoin, Ethereum, XRP recovery gathers strength as US-Iran reach peace agreement

Cryptocurrency prices remain broadly elevated on Monday, led by Bitcoin’s upswing toward $66,000. Altcoins, including Ethereum and Ripple, mirror Bitcoin’s momentum, trading above $1,700 and $1.18.

Bitcoin extends rebound as US and Iran reach framework deal to end the war

Bitcoin steadies above $65,700 at the time of writing on Monday, after recovering nearly 4% in the previous week. BTC recovery was boosted following Sunday’s news that the US and Iran have reached a preliminary peace deal, lifting the risk appetite.

Pi Network Price Forecast: Launchpad upgrades, fading bearish pressure lift recovery prospects

Pi Network (PI) began the week on a positive note, trading above $0.1340 on Monday after posting a mild recovery and closing above a key resistance in the previous week.

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.