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Cryptocurrencies Price Prediction: Dogecoin, Litecoin & Cryptos – American Wrap 22 January

Cryptocurrencies Price Prediction: Dogecoin, Litecoin & Cryptos – American Wrap 22 January
FXStreet TeamFXStreet TeamFXStreet

Dogecoin Price Prediction: Bulls target $0.40 rally as Trump officially launches Elon Musk’s DOGE

Dogecoin price rose 5% on Wednesday to reclaim $0.38 as Donald Trump signed the DOGE department into law. Media reports linking the Dogecoin logo to the official DOGE website sparked bullish speculations that a $0.50 breakout could be imminent. 

Litecoin Price Forecast: Traders bet $580M on LTC as US court lifts Tornado Cash ban

Litecoin price slipped toward $117 as a United States (US) court overturned the federal sanctions level against the Tornado Cash cryptocurrency mixing protocol. Will the regulatory clarity surrounding privacy-preserving technologies drive cryptocurrencies like LTC to new peaks in the near term? 

The plateau of crypto

The cryptocurrency market rose 3.5% in the last 24 hours, recovering to $3.63 trillion, having peaked in the last five days. The market’s rapid recovery is indicative of continued interest in risk assets. Despite the day’s rise in altcoins, they remain well below their recent highs, accentuating the performance of Bitcoin, which is close to its all-time highs.

 
 

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Dogecoin ticks lower as low Open Interest, funding rate weigh on buyers

Dogecoin ticks lower as low Open Interest, funding rate weigh on buyers

Dogecoin extends its decline as risk-off sentiment dominates across the crypto market. DOGE’s derivatives market remains weak amid suppressed futures Open Interest and perpetual funding rate.

Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates

Crypto Today: Bitcoin, Ethereum, XRP decline as risk-off sentiment escalates

Bitcoin remains under pressure, trading above the $87,000 support at the time of writing on Tuesday. Selling pressure has continued to weigh on the broader cryptocurrency market since Monday, triggering declines across altcoins, including Ethereum and Ripple.

Chainlink risks further losses in early 2026 despite the ecosystem growth

Chainlink risks further losses in early 2026 despite the ecosystem growth

Chainlink (LINK) is down 2% at press time on Tuesday, adding to a nearly 5% decline in December so far. The oracle token risks a negative close for the fourth straight month, potentially signaling a bearish start to 2026. 

Bitcoin retreats as $90,000 rejection, ETF outflows weigh on sentiment

Bitcoin retreats as $90,000 rejection, ETF outflows weigh on sentiment

Bitcoin continues to trade lower on Tuesday after failing to break the key $90,000 resistance level the previous day. US-listed spot ETFs record an outflow of $142.90 on Monday, while Strategy Inc. boosts its cash reserves to $2.19 billion.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

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.