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Cryptocurrencies Price Prediction: Cardano, Solana & Bitcoin – European Wrap 10 April

Cardano stabilizes near $0.62 after Trump’s 90-day tariff pause-led surge

Cardano (ADA) stabilizes around $0.62 on Thursday after a sharp recovery the previous day, triggered by United States (US) Donald Trump’s decision to pause tariffs for 90 days except for China and other countries that had retaliated against the reciprocal tariffs announced on April 2. China faces a 125% tariff to be levied on all exports to the US after the Asian country retaliated with 84% duties. 

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Solana signals bullish breakout as Huma Finance 2.0 launches on the network

Solana (SOL), the fourth-largest smart contracts token, slightly retraces and trades at $114.46 at the time of writing on Thursday after gaining 8% in the last 24 hours. SOL surged to retest the $120.00 hurdle as global markets rebounded in celebration of United States (US) President Donald Trump’s decision to suspend reciprocal tariffs, which affected dozens of countries, on Wednesday. Meanwhile, Huma Finance 2.0, the first Payment Finance (PayFi) Network, debuted on the Solana blockchain, bringing stable, real yield to the decentralized finance (DeFi) ecosystem.

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Bitcoin Price Forecast: BTC stabilizes around $82,000, Dead-Cat bounce or trendline breakout

Bitcoin (BTC) price stabilizes at around $82,000 on Thursday after recovering 8.25% the previous day. US President Donald Trump's announcement of a 90-day tariff pause on Wednesday triggered a sharp recovery in the crypto market. This recovery brought in liquidations, reaching $589 million on Wednesday, with the short position liquidation amounting to $374 million. Despite this price revival, the US spot Bitcoin Exchange Traded Funds (EFTs) demand continues to weaken, recording over $127 million outflows on that day.

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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 slides amid a fragile crypto market structure
Ripple (XRP) falls for the second straight day, trading at $1.37 on Thursday. The broader cryptocurrency market remains fragile as investors weigh the impact of geopolitical tensions in the Middle East, which triggered persistent increases in Crude Oil prices while restricting shipping through the Straight of Hormuz and the Red Sea.
Bitcoin Price Forecast: BTC pressured amid ETF outflows, fresh US-Iran risks
Bitcoin (BTC) remains under pressure, trading below $78,200 at the time of writing on Thursday after declining nearly 3% so far this week. Weakening institutional demand, along with escalating geopolitical tensions between the US and Iran near the Strait of Hormuz, continues to dampen risk appetite and weigh on the Crypto King. Institutional demand for Bitcoin shows early signs of caution.
Top Altcoins Price Forecast: Ripple, Solana, and Cardano risk deeper losses
Ripple (XRP), Solana (SOL), and Cardano (ADA) struggle to extend last month's advance, pointing to moderating buying pressure. The technical outlook for XRP, SOL, and ADA suggests a mild near-term bearish bias as momentum weakens. Ripple trades around $1.3800 at press time on Thursday, extending losses after a bearish close the previous day.
Crypto Today: Bitcoin, Ethereum and XRP lose bullish momentum as structural support holds
Cryptocurrency prices are moderating on Thursday, with Bitcoin (BTC) dropping to test the near-term $78,000 support. Altcoins, including Ethereum (ETH) and Ripple (XRP), are echoing Bitcoin’s cautious sentiment, with ETH retracing to approximately $2,470 and XRP to $1.38.
Bitcoin: Gearing up for a sharp move
Bitcoin (BTC) is trading around $81,000 on Friday, up over 4% so far this week, and awaits a key catalyst that could determine its next directional move. Strong institutional demand is supporting the bullish price action, with spot BTC Exchange Traded Funds (ETFs) on track to record a third straight week of inflows.