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Cryptocurrencies Price Prediction: Ethereum, Bitcoin & Crypto – European Wrap 12 January

Top 3 Price Prediction: Bitcoin rallies above $92,000 as Ethereum, Ripple show resilience

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) are trading in green on Monday, fueling a broader cryptocurrency market recovery. Bitcoin and Ethereum extend gains for the second consecutive day, crossing above $92,000 and $3,100, respectively, while XRP stabilizes near $2.00. Technically, BTC and ETH flash bullish potential while XRP remains at a crossroads.

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Bitcoin Price Forecast: BTC struggles amid ETF outflows, bearish futures data

Bitcoin (BTC) is trading below $91,000 at press time on Monday, struggling to hold above the 50-day Exponential Moving Average (EMA) at $91,548. A steady outflow from US spot Bitcoin Exchange Traded Funds (ETFs) reflects weakened institutional demand, risking a decline in market sentiment. Meanwhile, the derivatives market witnesses a selling bias with a greater number of active short positions.

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Crypto: Sell-the-growth continues

The crypto market capitalisation grew by 1% over the past day and is down 1% from a week ago. Bitcoin received a boost from reports of a criminal investigation against the head of the Federal Reserve, which created momentum for a flight from US assets. In our view, this precedent is negative for risk appetite. 

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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Pi Network Price Forecast: PI eyes a rebound as broader market recovers

Pi Network hovers above $0.07500 on Wednesday, showing early signs of a rebound from a key support zone after over two weeks of steady decline. The broader market recovery linked to reduced US inflation and the likelihood of fewer rate hikes eases risk-off sentiment, which had been weighing down altcoins.

Top 3 Price Prediction: BTC, ETH and XRP show tentative recovery as key technical levels hold

Bitcoin, Ethereum and Ripple trade with a mild positive bias on Wednesday as sentiment improves across the cryptocurrency market. BTC is testing its 50-day Exponential Moving Average, ETH has broken above a key resistance level at $1,800, while XRP has found support around a key level.

Crypto Market Overview: Bitcoin regains strength – Zcash eyes record high, Pump.fun rebounds

The broader cryptocurrency market shows near-term recovery signals with a weaker-than-expected US Consumer Price Index report for June, easing inflation risks. Bitcoin price hovers above $64,000 on Wednesday, testing the breakout of its 50-day Exponential Moving Average at $65,146, which capped its previous day’s 4% rebound.

Hyperliquid representatives, Trade[XYZ] meet SEC Crypto Task Force to discuss digital asset regulation

The US Securities and Exchange Commission's Crypto Task Force met with representatives from the Hyperliquid Policy Center, XYZ Ltd., which operates Trade[XYZ] and Sullivan & Cromwell LLP to discuss regulatory approaches to digital assets, according to a memorandum released Tuesday.

Bitcoin: Strategy sells, the market doesn’t care
Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.