Cryptocurrencies Price Prediction: Dogecoin, Fantom & Bitcoin — Asian Wrap 10 July

FXStreet Team FXStreet

Dogecoin price levitates around 26.5% Fib as court deliberates potency of evidence in Elon Musk $258B case

Dogecoin (DOGE) price has displayed a lack of volatility through the weekend, consolidating within a tight range over the past three days. The subtleness comes amid an ongoing lawsuit against the DOGE founder and Twitter CEO Elon Musk.

Fantom trading volume falls 20% as Multichain hackers leverage FTM tokens in a new attack on Twitter

Fantom (FTM) trading volume depicts a spooked market, falling in double-digit percentages as Fear, Uncertainty, and Doubt (FUD) span the FTM market. The skepticism comes after the infamous Multichain hackers leveraged the Fantom protocol in their latest venture to dupe the market.

Bitcoin ETFs are not a winner take all, experts say, as influence on crypto exhausts

Bitcoin Exchange Traded Funds (ETFs) have driven the recent cryptocurrency rally. While the hype pumped Bitcoin (BTC) price to as high as $31,000, the influence is fading. Nevertheless, the campaign for approval continues. Key players include BlackRock, WisdomTree, Invesco, Valkyrie, Bitwise, Fidelity, Van Eck, and Ark Invest.

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XRP steadies above $1.90 support as fund inflows and retail demand rise

Ripple (XRP) is stable above support at $1.90 at the time of writing on Monday, after several attempts to break above the $2.00 hurdle failed to materialize last week. Meanwhile, institutional interest in the cross-border remittance token has remained steady.

Cardano struggles to extend gains as retail interest wanes despite Midnight's NIGHT token launch

Cardano ticks higher after a bearish weekend, struggling to extend an upcycle within a descending wedge pattern. On-chain data shows an increase in trading volume and user activity after the Midnight side chain token launch.

Crypto Today: Bitcoin, Ethereum recover as XRP remains supported by ETF inflows

Bitcoin is trending up toward the pivotal $90,000 level at the time of writing on Monday, which marks four consecutive days of gains. Altcoins, including Ethereum and Ripple, are also rebounding above key short-term support levels.

Bitcoin nears $90,000 as recovery hopes clash with institutional outflows

Bitcoin is approaching the $90,000 resistance level at the time of writing on Monday, raising hopes of a short-term recovery. However, the bullish recovery is being challenged by weakening institutional demand, as evidenced by outflows from Spot ETFs.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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