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Cryptocurrencies Price Prediction: BONK, Bitcoin & Crypto – European Wrap 1 September

Cryptocurrencies Price Prediction: BONK, Bitcoin & Crypto – European Wrap 1 September
FXStreet TeamFXStreet TeamFXStreet

Bonk Price Forecast: BONK eyes breakout rally as retail demand rises

Bonk (BONK) price is up 7% on Tuesday, building on the previous day’s 7% gains to reclaim the 14% loss from last week. A Solana-based meme coin is gaining retail attention as speculative, leverage-driven demand has lifted BONK Open Interest by 35% over the last 24 hours. The technical outlook is bullish, with upside momentum gaining traction. 

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Bitcoin Price Forecast: Bitcoin kicks off September with strength after 25% August surge

Bitcoin (BTC) starts September on a stronger footing after delivering a nearly 25% monthly return in August, its best performance in 21 months. BTC is trading above $78,900 on Tuesday, while renewed spot Exchange Traded Funds (ETFs) inflows and Strategy’s (MSTR) latest Bitcoin purchase signal continued institutional demand. However, historical September performance for the Crypto King suggests traders should remain cautious despite the strong start to the month.

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Crypto Today: Bitcoin, Ethereum, XRP struggle to extend gains despite ETF inflows

Cryptocurrency prices are broadly consolidating on Tuesday, after the uptrend stalled amid renewed geopolitical tensions in the Middle East last weekend. Bitcoin (BTC)n hovers above $78,000 support as bulls struggle to extend gains. Meanwhile, Ethereum (ETH) and Ripple (XRP) mirror Bitcoin’s neutral-to-bullish outlook, trading above key support levels at $2,400 and $1.35, respectively.

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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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Ripple holds EMA support as ETF inflows persist

Ripple holds EMA support as ETF inflows persist

XRP ticks up as bulls defend the 200-day EMA support at $1.35. US-listed XRP ETFs record nine consecutive days of inflows, reinforcing steady institutional interest. XRP upholds a constructive bullish bias but risks extending the correction if momentum indicators deteriorate.

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate amid renewed US-Iran strikes

Crypto Today: Bitcoin, Ethereum, XRP broadly consolidate amid renewed US-Iran strikes

Bitcoin remains resilient above $78,000 as investors anticipate a renewed push toward $80,000. Ethereum continues to demonstrate a constructive technical setup, holding above $2,400. Ripple is exhibiting early signs of recovery near $1.37.

Bitcoin consolidates near $78,000 as ETF inflows surge

Bitcoin consolidates near $78,000 as ETF inflows surge

Bitcoin trades near $78,000 on Monday, consolidating after its recent rally as strong institutional demand continues to provide support. However, escalating Middle East tensions, rising oil prices and growing inflation concerns dampened risk appetite, which could cap the Crypto King’s upside.

Pi Network stages mild August recovery amid potential DEX environment test

Pi Network stages mild August recovery amid potential DEX environment test

Pi Network is trading around $0.0900 on Monday, continuing its consolidation above the $0.0836 support floor. The PI Testnet has seen around 30 new tokens released under the names of leading corporations, suggesting a potential test of the DEX environment.

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin: Billions in ETF inflows push BTC toward decisive breakout

Bitcoin (BTC) extends gains so far this week, trading near $80,000 after testing the 50-week Simple Moving Average (SMA) at $81,114 earlier. Strong institutional demand is supporting the rally, with spot BTC Exchange Traded Funds (ETFs) on track to record a second consecutive week of billion-dollar inflows.