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

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

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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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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XRP extends decline as CLARITY Act setback reinforces bearish outlook

XRP extends decline as CLARITY Act setback reinforces bearish outlook

Ripple (XRP) trades lower around $1.28 on Wednesday, as investors broadly assess the impact of the failed United States (US) Senate vote on the CLARITY Act and the upcoming Federal Reserve (Fed) monetary decision.

Crypto Today: Bitcoin, Ethereum, XRP face headwinds as Fed decision looms

Crypto Today: Bitcoin, Ethereum, XRP face headwinds as Fed decision looms

Cryptocurrency prices are broadly retreating on Wednesday, with Bitcoin holding near $75,000. Ethereum holds below the support-turned-resistance at $2,400 while remaining structurally resilient. Meanwhile, Ripple is trading lethargically below $1.30.

Circle launches Arc mainnet with Wall Street validators as CLARITY Act stalls

Circle launches Arc mainnet with Wall Street validators as CLARITY Act stalls

Circle has publicly launched the Arc mainnet on Wednesday, an EVM-compatible Layer 1 blockchain built for financial markets, stablecoin payments, and AI agentic economic activities.

Bitcoin weakens as CLARITY Act fails to advance ahead of Fed decision

Bitcoin weakens as CLARITY Act fails to advance ahead of Fed decision

Bitcoin remains under pressure, trading below $76,000 at the time of writing on Wednesday after falling over 3% the previous day and as the CLARITY Act failed to advance in the US Senate. Mixed institutional demand suggests caution amid heightened Middle East tensions.

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.