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Cryptocurrencies price prediction: BTC, Meme Coins & Crypto Market - American Wrap - 29 04

Bitcoin Price Forecast: BTC eyes $100,000 amid Arizona Reserve plans, corporate demand, ETF inflows

Bitcoin (BTC) price is stabilizing around $95,000 at the time of writing on Tuesday, and a breakout suggests a rally toward $100,000. The institutional and corporate demand supports a bullish thesis, as US spot Exchange Traded Funds (ETFs) recorded an inflow of $591.29 million on Monday, continuing the trend since April 17. Moreover, MicroStrategy (MSTR) announced that it had acquired 15,355 BTC for $1.42 billion, and the US state of Arizona passed a bill that allows the state treasurer and retirement system to invest up to 10% of available funds in digital assets, specifically BTC.

BTC/USDT daily chart

Meme coins to watch as Bitcoin price steadies

Bitcoin (BTC) is consolidating at $95,045 at the time of writing on Tuesday, following three consecutive weeks of gains, and maintaining a steady uptrend despite a rejection at $95,758 on Friday. With BTC showing signs of a potential surge beyond $100,000, investors might explore meme coins like Trump Official (TRUMP) and dogwifhat (WIF), which could offer higher profit margins.

Cardano Lace Wallet integrates Bitcoin, boosting cross-chain capabilities

Cardano (ADA) co-founder Charles Hoskinson announced Monday that Bitcoin (BTC) is integrated into the Lace Wallet, expanding Cardano’s ecosystem and cross-chain capabilities. This integration enables users to manage BTC alongside Cardano assets, providing support for multichain functionality. The news failed to move Cardano’s price significantly, with ADA trading in a narrow range near $0.70 at the time of writing on Tuesday, but it suggests a positive outlook for the token.

ADA/USDT daily 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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BNB Price Forecast: Correction extends as bearish signals point to deeper losses

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Cardano (ADA) remains under pressure, trading below $0.165 and losing over 11% so far this week. Weakening derivatives metrics and deteriorating on-chain data support further correction on ADA. Cardano derivatives metrics support a negative outlook.

Crypto Overview: Bitcoin extends decline amid US-Iran negotiation concerns – BCH, HYPE lead losses
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