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Cryptocurrencies Price Prediction: Pepe, Bitcoin & Crypto – European Wrap 9 December

Cryptocurrencies Price Prediction: Pepe, Bitcoin & Crypto – European Wrap 9 December
FXStreet TeamFXStreet TeamFXStreet

Pepe meme coin hits new all-time high, with market cap surpassing $11 billion

Pepe (PEPE) soars to a new all-time high (ATH) of $0.0000275 on Monday after an 18% rally over the past week. Rising open interest signals fresh market buying and the technical outlook indicates a potential climb toward $0.0000336.

The recent surge in the frog-themed-based memecoin has made it surpass the $11 billion in market capitalization, according to data from CoinGecko.

Chart

Bitcoin and Ethereum ETFs break records amid price surges

Bitcoin and Ethereum exchange-traded funds (ETFs) experienced a historic week as investors poured in record-breaking amounts amid rising prices. Spot Bitcoin ETFs in the United States saw multi-billion-dollar inflows, while Ethereum ETFs finally gained momentum after a slow start.

Trump Turns pro-crypto, Ripple CEO reacts

Ripple CEO Brad Garlinghouse has highlighted the warming relationship between President-elect Donald Trump and the cryptocurrency community. In an interview on 60 Minutes, Garlinghouse acknowledged that while Trump was once skeptical of cryptocurrencies, he now openly supports the industry, and the feeling appears to be mutual.

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