Cryptocurrencies Price Prediction: Cryptos, Shiba Inu & Bitcoin – American Wrap 07 April

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Shiba Inu gears up for metaverse trailer release

Shiba Inu, the second-largest meme coin in the crypto ecosystem, is gearing up for a key milestone: the release of a long-awaited metaverse trailer.

Gaming tokens are likely to recover with Hong Kong’s web3 plans

Prices of some gaming tokens are on the rise on Wednesday after a Hong Kong lawmaker with links with the web3 ecosystem said these assets are not likely to face regulation in the city as long as they do not involve the trading of securities or futures.

Bitcoin, Dogecoin lead bounce in crypto majors day after record 8-month liquidations

Crypto markets inched higher on Wednesday as traders shook off the regulatory troubles of Binance and Coinbase (COIN), two of the largest crypto exchanges by trading volumes, in a move that suggested bullish strength for major tokens.

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Ripple falls below $1.20 despite Africa stablecoin payments push

XRP corrects to trade below $1.20 following early-week rejection at $1.28 and broader crypto market weakness. XRP remains under pressure from declining major moving averages, undermining the MACD buy signal.

Crypto Today: Bitcoin, Ethereum, XRP trim breakout gains as focus shifts to Fed decision

Cryptocurrency prices broadly decline as investors show caution toward risk assets ahead of the Fed's interest rate decision on Wednesday. Bitcoin (BTC) holds around $65,000 after correcting from its Monday high of $67,292.

Ondo Price Forecast: Multiple trendline rejections, fading bullish momentum warn of a steeper correction

Ondo price hovers around $0.3700 at press time on Wednesday, maintaining a broader corrective phase under the influence of a resistance trendline. Retail demand for ONDO remains firm, driven by the tokenization trend for traditional stocks and other Real World Assets.

Bitcoin steadies near $66,000 as markets await first Warsh-led Fed decision

Bitcoin steadies near $66,000 at the time of writing on Wednesday as investors await the Fed’s interest rate decision. Institutional demand shows slight improvement as spot Exchange Traded Funds recorded a mild inflow on Tuesday, after weeks of outflows.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.