Cryptocurrencies Price Prediction: Cryptos, Dogecoin & XRP – American Wrap 28 February

FXStreet Team FXStreet

Crypto Today: XRP and Cardano among top losers, BTC plunges below $80K for first time in four months

Compared to BTC, altcoins suffered steeper losses with the majority of the top 50 ranked assets posting losses exceeding of 5%.

Why Dogecoin and meme coins are crashing even after SEC guidance on memes

Dogecoin (DOGE) and meme coin prices struggle amidst a crypto market-wide correction on Friday. Two key market movers for the sell-off are Bitcoin’s drop below the $80,000 support and the US financial regulator Securities and Exchange Commission’s (SEC) guidance on meme coins, published on Thursday.

XRP, DOGE plunge 10% as fresh Trump tariffs hit China markets

XRP and Dogecoin (DOGE) plunged over 10% to lead losses among crypto major as confirmation of fresh U.S. tariffs on China hit Asian markets on Friday, adding to an already tumultuous week for cryptocurrencies.

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Pi Network Price Forecast: PI crashes to a record low amid broader market stress

Pi Network price edges toward $0.1000 extending losses for the fifth straight day. Retail sentiment remains bearish as Open Interest and the funding rate decline. The technical outlook for PI is bearish as selling pressure mounts, despite oversold conditions.

Cardano Price Forecast: Extends losses as whale offloading, weak derivatives pressure ADA

Cardano remains under pressure, trading below $0.175 and posting four consecutive days of losses. Growing selling activity from large holders, weakening derivatives metrics and a deteriorating technical outlook suggest bears remain in control and could pave the way for further downside.

Crypto Market Overview: Bitcoin slips below $63,000 – Zcash and Polygon extend gains

Bitcoin trades below $63,000 risking a steeper correction amid resurfacing tensions between the US and Iran. Zcash and Polygon have maintained a steady recovery over the last 24 hours, hinting at an extended breakout rally. US military executed strikes against Iran on Wednesday in retaliation for three ships shot down by Tehran in the Strait of Hormuz.

SEC advances crypto regulatory agenda with proposals on token offerings, custody, market structure

The US Securities and Exchange Commission (SEC) on Tuesday unveiled an expansive crypto regulatory agenda for 2026. The regulator outlined plans to formalize oversight of digital assets through new rules governing token offerings, custody, trading platforms and broker-dealer operations.

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.