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Cryptocurrencies Price Prediction: BTC, OKX & SUPRA - American Wrap 04 April

$790M liquidation in BTC ahead? Here’s how Bitcoin price could react to China’s 34% tariffs on US imports

Bitcoin (BTC) price plunged as low as $81,600 on Friday, facing renewed downside pressure as China retaliated against the United States (US) with steep import tariffs, heightening market uncertainty.

Bitcoin price action after China announced retaliatory tariffs on US, April 4 | Source: Coingecko

OKX fined $1.2M by Malta for breaching money laundering rules

OKX's Europe company—also known as OKCoin Europe, a subsidiary of crypto exchange OKX—was fined 1.05 million euros ($1.2 million) by Malta's financial watchdog on Thursday for breaching the country's money laundering rules.

Top 3 gainers Supra, Cosmos Hub, EOS: Supra leads recovery after Trump’s tariffs announcement

Supra (SUPRA), the first all-in-one Multi-VM Layer 1 built for super decentralized applications (dApps), is up 25% daily and trades at $0.0066 at the time of writing on Friday. Although range-bound since early February, Cosmos Hub (ATOM) flaunts a bullish technical pattern likely to set it on a clear recovery path above $5. 

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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 eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

Bitcoin Weekly Forecast: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move
Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.