Cryptocurrencies Price Prediction: SHIB, Bitcoin & Crypto – European Wrap 22 June
Is Shiba Inu dead or just in a crisis? The data behind SHIB's 95% crash
Shiba Inu (SHIB), the dog-themed meme coin that became one of the biggest success stories in crypto and turned early buyers into crypto millionaires, is facing tough times. Its price has fallen more than 32% so far this year, and it is down 95% from its all-time high in 2021. Is SHIB simply another fading meme coin, or is the market overlooking a possible recovery story?
Bitcoin Price Forecast: BTC struggles as ETF outflow streak extends to six straight week
Bitcoin (BTC) trades around $64,000 at the time of writing on Monday after declining nearly 4% in the previous week. BTC investors remain cautious despite signs of progress in the first round of US-Iran peace talks in Switzerland. Institutional demand continues to weaken, with spot Exchange Traded Funds (ETFs) recording the sixth consecutive week of outflows, extending a negative streak that began in mid-May. The Crypto King’s recovery isn't likely to be sustained unless institutional demand for BTC increases this week.
Crypto Today: Bitcoin, Ethereum, XRP rise slightly as US-Iran peace talks make progress
Cryptocurrency prices are broadly rising on Monday, with Bitcoin (BTC) reclaiming support above $64,000. Ethereum (ETH) holds above $1,700 as bulls target a short-term breakout above $1,800. Meanwhile, Ripple (XRP) is back above $1.13 after testing the $1.12 support level.
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