Cryptocurrencies Price Prediction: PEPE, Dogecoin & Bitcoin – European Wrap 26 July

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Can PEPE kill SHIB just as Shiba Inu killed Dogecoin?

Crypto markets are taking a break from rallying as Bitcoin (BTC) price consolidates. But altcoins are rallying massively, and meme coins take a special place right now due to various reasons. In this article, we will pay attention to the new meme coin on the block, PEPE, which has shed 17% in under 72 hours. But this downtrend has inadvertently pushed the frog-themed crypto into an accumulation zone and could now be an opportunity for long-term investors.

Dogecoin dethrones Bitcoin in shorts liquidation as DOGE price moves closer to $0.10

Dogecoin, the largest meme coin in the crypto ecosystem, witnessed large volumes of short position liquidation over the past 24 hours. DOGE emerged as the single asset with the largest shorts liquidated in the timeframe, beating Bitcoin, according to data from Coinglass.

Bitcoin price flirts with $30,000 level as US Federal Reserve expected to resume rate hikes

Bitcoin price is ranging below $30,000, a key psychological barrier for the asset, ahead of the US Federal Reserve’s rate decision on Wednesday. Crypto market participants are closely watching the Fed’s next move to predict whether risk assets will get derailed from their rally in the ongoing alt season in July.

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FXStreet Team

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Ripple risks extending drop as June lows come into view

Ripple (XRP) ticks down below $1.20 with short-term support at $1.16 intact at the time of writing on Thursday. An early-week rally was rejected at $1.28, weighing on sentiment as traders broadly de-risked.

Crypto Today: Bitcoin, Ethereum and XRP pare losses on increasing bets of Fed tighter monetary policy

Cryptocurrency prices are broadly moderating downwards on Thursday, as market participants assess the impact of the Fed’s hawkish monetary policy stance. Bitcoin edges lower, with support at $64,000 holding.

Bittensor Price Forecast: TAO closes in key support, risking deeper losses

Bittensor price edges below $250 at press time on Thursday, marking its fourth straight day of losses. The AI token is losing retail demand as TAO futures Open Interest dips over 8% in the last 24 hours.

Bitcoin slips below $64,000 as hawkish Fed stance weighs on risk appetite

Bitcoin remains under pressure, extending its correction, trading below $64,000 at the time of writing on Thursday. The US Fed left interest rates unchanged but struck a hawkish tone on Wednesday, dampening the risk sentiment.

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.