Cryptocurrencies Price Prediction: Pepe, Bitcoin & Arbitrum — Asian Wrap 07 June

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Pepe price erasing the entire May 5 dump in 24 hours could be a bull trap

Pepe (PEPE) price has recorded a stunning rally over the previous day, restoring all the ground lost during the Monday trading session. While a first looker may see this as a bull market signal for the sensational meme coin, other fundamentals indicate that the rally will not sustain.

Bitcoin price recovers to $27,000 even as SEC files to freeze Binance.US assets

Bitcoin price, the leader of cryptocurrencies, first took the market down with itself when it crashed less than 48 hours ago. Not so soon later, BTC is back to the same place where it was a day ago and is also pulling the crypto market back up. However, SEC does not seem interested in taking a break from pursuing an end to Binance.

Arbitrum community to vote for AIP budget proposal as ARB hints 10% gains

The Arbitrum (ARB) community is on course with preparations for the AIP voting, an Administrative Budget Wallet to help promote the growth and development of the Arbitrum ecosystem.

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FXStreet Team

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XRP Price Forecast: XRP trades sideways as Ripple targets 10 million agentic AI transactions

Ripple (XRP) is losing momentum on Thursday, albeit gradually, trading above $1.13. The remittance token tagged a weekly high of $1.16 on Tuesday, with gains mainly attributed to developments on the United States (US) Clarity Act and recent signs that inflation is easing in the world’s largest economy.

Crypto Today: Bitcoin, Ethereum, XRP trim gains despite resilient ETF inflows

Cryptocurrency prices are trending lower on Thursday, pressured by renewed inflation concerns stemming from ongoing tensions between the United States (US) and Iran and persistently elevated Oil prices. Bitcoin (BTC) is approaching short-term support at $65,000, with upside resistance remaining firm at $67,000.

Worldcoin Price Forecast: WLD steadies as multiple bullish signals line up

Woldcoin (WLD) price trades around $0.3838 at press time on Thursday, extending a consolidative tone capped beneath the 50-day Exponential Moving Average (EMA) at $0.4141. WLD token emissions are scheduled to drop by 43% from Friday, reducing supply pressure. Retail activity in WLD derivatives remains firm, with a 40% rise in trading volume and elevated funding rates.

Dogecoin Price Forecast: DOGE nears yearly low as risk appetite fades

Dogecoin (DOGE) extends its decline on Thursday, approaching its yearly low at $0.069 as bearish sentiment continues to weigh on the meme coin. Escalating US-Iran conflict and fresh Houthi threats have dampened risk appetite, weighing on speculative assets such as DOGE. Weakening derivatives metrics and a deteriorating technical outlook suggest a deeper correction if DOGE slips below $0.069.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.