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Cryptocurrencies Price Prediction: Ethereum, AAVE & Dogecoin – American Wrap 13 June

FXStreet Team FXStreet

AAVE price tumbles 20% in 2024 despite doubling its total value locked

AAVE, a decentralized crypto lending platform, has noted a massive spike in the total value of assets locked (TVL). Rising TVL is considered indicative of higher relevance among market participants and trust in the platform.

Whales have scooped up AAVE in 2024 during the dip in the DeFi token’s price.

AAVE wiped out nearly 20% of its value year to date.

SEC Chair says Ethereum ETF S-1 approvals likely to come over the summer

Ethereum's (ETH) price was down nearly 5% on Thursday as Securities & Exchange Commission (SEC) Chair Gary Gensler suggested spot ETH ETFs will likely receive approval over the course of the summer. The update was accompanied by mixed sentiment from derivatives traders.

Dogecoin price set for 20% rally

Dogecoin (DOGE) price could experience a 20% rally in the short to medium term, according to technical indicators and on-chain metrics, as the dog-based meme coin finds support on key levels amid a rise in development activity.

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FXStreet

Cardano Price Analysis: Approaches key trendline amid bearish sentiment

Cardano (ADA) price is approaching its descending trendline around $0.28 at the time of writing, set to shape the next directional move. The derivatives metrics paint a bearish picture, with ADA’s Open Interest continuing to fall and short bets rising among traders.

Top Crypto Gainers: Decred, Zcash, and Dogecoin lead recovery as Bitcoin crosses $72,000

Bitcoin trades above $72,500 at press time on Thursday, holding its 6% gain from the previous day, contributing to a broader market recovery. The total cryptocurrency market capitalization stands at over $2.43 trillion as the broader market sentiment improves significantly.

Trump presses Congress on CLARITY bill after meeting with Coinbase CEO

US President Donald Trump is urging legislators to pass the CLARITY Act after allegedly meeting with Coinbase CEO Brian Armstrong amid growing dispute over stablecoin yields.

Ethereum Price Forecast: ETH jumps alongside a spike in open interest, realized price could limit upside

Ethereum (ETH) has jumped above $2,100 on Wednesday, following a general recovery across the crypto market. The move was accompanied by a spike in Ethereum's open interest, which has increased to 13.43M ETH — its highest level since January 31. The top altcoin's OI has been rising since February 19, adding 1.2M ETH over the past two weeks.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.