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Cryptocurrencies Price Prediction: Memecoins, Bitcoin & Tokens – American Wrap 21 January

Cryptocurrencies Price Prediction: Memecoins, Bitcoin & Tokens – American Wrap 21 January
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Memecoins to watch as Trump replaces Gensler; DOGE, BONK, PEPE price forecast

Memecoin’s aggregate valuation crossed the $117 billion mark on Tuesday as President Donald Trump officially replaced Gary Gensler as head of the Securities & Exchange Commission (SEC), marking a paradigm shift for cryptocurrency regulations in the US. Analyzing key market events and technical analysis signals, some prominent meme tokens are showing bullish prospects for the coming weeks. 

Bitcoin falls from 109k following Trump’s inauguration speech

Bitcoin fell from yesterday's all-time high above 109k, dropping to a low of 100k before recovering today towards 104k. The price corrected lower following Tump's inauguration ceremony and as extreme greed dominates. Although Trump’s actions may speak louder, lifting the mood. 

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Trump, Melania tokens plunge 50% as Trump inauguration fails to buy Bitcoin

A short-lived Trump family token frenzy has left hopeful investors with steep losses.

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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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Ripple defends 50-day EMA as Standard Chartered launches RLUSD custody

Ripple defends 50-day EMA as Standard Chartered launches RLUSD custody

Ripple is coming under intense selling pressure, trading around $1.40 on Monday. The remittance token appears to lack the required tailwind to sustain its recovery, while broader crypto market headwinds weigh on price action.

NEAR Protocol rally stalls below $6 amid firm ETF inflows

NEAR Protocol rally stalls below $6 amid firm ETF inflows

NEAR Protocol is down 3% at press time on Monday, ticking lower after rallying 30% over the last three days as buying pressure eases. The recovery aligns with Bitwise’s NEAR-focused ETF recording its second weekly inflow of over $13 million last week.

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin struggles as ETF outflows, geopolitical uncertainty weigh

Bitcoin steadies around $83,600 at the time of writing on Monday, after a 3.1% decline last week. Institutional demand shows weakening signs, with spot ETFs recording $681.10 million in net outflows last week, ending a three-week streak of inflows.

Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Crypto Today: Bitcoin, Ethereum and XRP face recovery headwinds as ETF outflows weigh

Cryptocurrency prices are broadly consolidating on Monday, with select tokens such as Ethereum slowly edging higher above $2,500. Bitcoin holds above $84,000 as bulls battle seller congestion, while Ripple consolidates around $1.40.

Bitcoin: Uptober or Rektober?

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.