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Cryptocurrencies Price Prediction: PUMP, Ripple & Bonk – American Wrap 06 August

FXStreet Team FXStreet

Pump.fun price eyes higher support and 18% breakout as major meme coins consolidate

Pump.fun (PUMP), the token native to the meme coin launchpad, continues to defy negative market sentiment that characterises the broader crypto market on Wednesday. PUMP is up over 4% on the day, trading at around $0.0033 at the time of writing. This bullish outlook extends the uptrend that has seen PUMP accrue over 36% in gains since August 1. However, traders will focus on PUMP’s ability to hold above a higher support level to reinforce the bullish outlook in upcoming sessions.

XRP steadies despite Korea's BDACS and Japan's SBI Holdings initiatives set to boost adoption

Ripple (XRP) price holds above a critical support at around $2.94 on Tuesday, underpinned by risk-off sentiment in the broader cryptocurrency market. Low trading volume, stubborn resistance levels and weak support suggest that last week's sell-off to $2.72 could resume.

Bonk price declines as suppressed funding rate and open interest weigh on sentiment

Bonk (BONK) is facing increasing selling pressure, down over 1% on Wednesday to trade at around $0.00002405 at the time of writing. The Solana-based meme coin turned bearish after posting the largest monthly return this year of 79.6% in July.

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FXStreet

Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.