Cryptocurrencies Price Prediction: CryptoCurrencies, Bitcoin & SEC – European Wrap 27 June

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Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC flatlines while altcoin bulls rethink their strategy

Bitcoin (BTC) price continues to resist falling under bears control as it hovers around the $30,000 psychological level. While the initial run-up in BTC benefitted altcoins like Ethereum (ETH) and Ripple (XRP), the current state of struggle for BTC has caused many altcoins to remain flat. Some altcoins even look primed for a correction as many sell signals erupt on the four-hour and daily time frames.

Bitcoin unlikely to end correction

The crypto market cap is down 0.75% over the last 24 hours to $1.178 trillion in what looks like cautious profit-taking after rallying from mid-month under pressure from stock index movements.

US SEC likely to approve spot Bitcoin ETFs, catalyzing marketwide recovery in crypto

The US Securities and Exchange Commission (SEC) is more likely to approve a spot Bitcoin Exchange Traded fund (ETF) because the financial regulator’s concerns about it have largely been addressed, Jeremy Allaire, CEO at global fintech firm Circle, said Tuesday in a Bloomberg interview.

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Ripple extends losses as derivatives interest cools

Ripple (XRP) extends its bearish roll near $1.12 support on Friday, reflecting intense headwinds in the broader crypto market largely attributable to macroeconomic pressure.

Crypto Today: Bitcoin, Ethereum, XRP weaken further as capital outflows persist

Macroeconomic headwinds continue to weigh heavily on the cryptocurrency market on Friday, prompting major assets like Bitcoin (BTC) to pare earlier gains and extend losses after June’s brief relief rally.

Bitcoin Weekly Forecast: Recovery hopes fade after the Fed spoils the party

Bitcoin is set to end the week in the red, trading near the 200-Week Simple Moving Average at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds point to a sixth consecutive week of outflows.

Sui risks a deeper bearish leg despite on-chain resilience

Sui is down 2% on Friday, extending its decline toward the recent support leg formed at $0.6618. The Total Value Locked in the Sui ecosystem has stabilized around 600 million SUI tokens, reflecting resilient user demand.

Bitcoin: Recovery hopes fade after the Fed spoils the party

Bitcoin (BTC) is set to end the week in the red, trading near the 200-Week Simple Moving Average (SMA) at around $62,300 on Friday. Institutional selling persists, capping BTC’s recovery as spot Exchange Traded Funds (ETFs) point to a sixth consecutive week of outflows.