Cryptocurrencies Price Prediction: Dogecoin, Cardano & Litecoin – American Wrap 15 May

FXStreet Team FXStreet

Dogecoin daily transactions hit record high surpassing Bitcoin, DOGE gears up for recovery

Dogecoin, the largest meme coin in the crypto ecosystem, witnessed a peak in daily transactions, which climbed to a record high of 650,000. On May 15, DOGE network transactions surpassed Bitcoin and Litecoin, setting a new record.

Litecoin price rises by 10% in a day, aiming potential profits worth $2 billion

Litecoin price is seeing some decent recovery despite the leader of the cryptocurrencies, Bitcoin, observing a slow rise over the few trading session. This recovery holds the potential to bring about significant profits to the network, however, broader market cues might act as a hurdle.

Cardano price on trajectory to break above $0.39 as bulls stick to recovery plan this week

Cardano (ADA) price is seeing bulls quickly pick up their feet after a downbeat moment the week before. ADA quickly recovered over the weekend with some substantial losses being pared back. Expect to see a continuation this week as a bullish triangle is in play that will push ADA above $0.39 for a 10% gain.

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Crypto Today: Bitcoin, Ethereum, XRP lag recovery as Israel and Iran attack each other

Cryptocurrency prices remain under pressure on Monday as market participants navigate tensions in the Middle East after Israel and Iran attacked each other for the first time since the peace deal agreement that was reached in Early April.

Bitcoin Price Forecast: Institutional selling, Middle East tensions keep BTC under pressure

Bitcoin remains under pressure, struggling below $64,000 on Monday after posting its worst one-week return this year. Institutional sell-off remains severe with spot Exchange Traded Funds recording the fourth week of steady outflows of billions since mid-May.

Hyperliquid rebounds as retail interest offsets first-ever ETF outflows

Hyperliquid price is up 6% at press time on Monday, extending the 5% rebound from the previous day. The rebound aligns with HYPE's regaining retail strength in the derivatives market, offsetting the first-ever daily outflows from Exchange-Traded Funds.

Pi Network extends bearish trend as low volumes stall recovery

Pi Network (PI) price hovers below $0.1300 at press time on Monday, following its sixth consecutive weekly loss of 12%. A declining trend in trading volume shadows the falling PI token prices, reflecting weak demand failing to absorb supply pressure.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

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