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Cryptocurrencies Price Prediction: Fantom, Bitcoin & Crypto – European Wrap 16 August

FXStreet Team FXStreet

Fantom price is poised for a 15% rally after breaking above a falling wedge pattern

Fantom (FTM) price encounters the upper trendline of a falling wedge pattern in the European trading session and trades lower below $0.380 on Friday. On-chain data shows that FTM's Total Value Locked (TVL) and Open Interest are rising, suggesting growing activity and interest within the FTM ecosystem, which indicates a bullish move on the horizon.

Bitcoin Weekly Forecast: Signs of weakness persist

Bitcoin (BTC) trades above $58,000 on Friday after after testing and failing to overcome the resistance level around $62,000 earlier in the week. The risk-on mood returned to markets this week, Marathon Digital added 4,141 BTC worth $249 million to its holdings and the US SEC approved a MicroStrategy leveraged ETF, potentially giving investors more exposure to Bitcoin.

Top 5 cryptos by positive sentiment: Chiliz, Ethereum, BNB, NOT and TON

Chiliz (CHZ), Ethereum (ETH), Binance Coin (BNB), Notcoin (NOT), and Toncoin (TON) are the five cryptocurrencies with the most positive sentiment among crypto traders, according to data from Oriole Insights. Recent developments in some of these top five picks have likely fueled this positive sentiment, although some other tokens such as Ether make it to the top even though US-listed Exchange Traded Funds tracking the value of ETH are registering outflows.

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FXStreet Team

FXStreet

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

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.