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Cryptocurrencies Price Prediction: Meme coin, Cryptos & Trump – American Wrap 20 March

Meme coin platform Pumpfun launches PumpSwap, promising creator revenue sharing

Solana meme coin generator Pumpfun announced on Thursday the launch of its own native decentralized exchange (DEX), PumpSwap, to facilitate the trading of meme coins and other SOL-based crypto tokens. PumpSwap launch comes after Raydium announced it will be launching LaunchLab, a token generator similar to Pumpfun.

 

Trump calls for US Dollar dominance, vows to make America a crypto superpower in historic crypto summit speech

United States (US) President Donald Trump made history as the first sitting President to speak at a crypto summit and addressed investors, traders, institutions and the industry at the event. Through a pre-recorded address, Trump touched upon key crypto victories of his administration, the recent White House Crypto Summit and his future plans for the industry. 

 

Crypto Today: BTC, ETH, XRP prices on edge after Trump speech at Crypto Summit fails to spark market rally

Bitcoin price peaked at $87,450 before retracing 1.7% towards the $85,200 level at press time on Thursday.

Bitcoin ETFs | SosoValue 

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Zcash Price Forecast: ZEC poised for a rebound as momentum recovers

Zcash is up 4% on Wednesday, extending the 4% rise from the previous day and paring Monday’s 8% loss. Grayscale’s ZEC-focused Exchange-Traded Fund is facing selling pressure, with over $5 million in outflows on Tuesday. The technical outlook for ZEC is now mixed, with a bearish bias as upside momentum gains strength.

Top 3 Price Predictions: BTC eyes $85,000, ETH holds support, XRP stabilizes

Bitcoin, Ethereum, and Ripple show signs of recovery on Wednesday as buyers try to regain control after their recent market weakness. BTC extends its rebound toward the $85,000 resistance, while ETH and XRP find support around key levels.

Strategy (MSTR) bitcoin buying model faces scrutiny as STRC costs climb

Strategy’s STRC financing strategy increased its Bitcoin holdings in H1, but made its capital structure more expensive, prompting an examination of its effectiveness, according to a Tuesday report by K33. STRC recovered close to its $100 par value, closing at $99.90 after an extended period of heavy buybacks.

Bitcoin pressured by rising yields as equities draw strength from earnings expectations

Bitcoin is seeing a TradFi capital exodus as rising US Treasury yields weigh on digital assets, while equities draw strength from expectations of strong corporate earnings, according to Wintermute. The loss came as Bitcoin fell 3.2% last week, while Ethereum declined 7.0% and altcoins dropped 2.9%.

Bitcoin: Uptober or Rektober?
Bitcoin (BTC) price is down over 4% so far this week, trading below $83,000 at the time of writing on Friday as mounting selling pressure threatens to derail the seasonal “Uptober” rally. Profit-taking, a surge in long liquidations and weakening demand from institutional investors are weighing on BTC.