Cryptocurrencies Price Prediction: Shiba Inu, Bitcoin & more – American Wrap 04 March

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Crypto market tumbles after China’s central bank reaffirms crackdown

In a video conference today, the People’s Bank of China has reaffirmed a continued crackdown on virtual currency transactions. Over the past year, the crypto market capitalization remained unchanged; however the Bitcoin price dropped 20%.

Bitcoin Weekly Forecast: BTC bull run to flourish unhinged beyond $52,000

Bitcoin price is hovering between a weekly supply and a daily demand zone, leading to a bracketed movement. The recent run-up fell short of retesting the upper boundary and is currently correcting to find a stable support level.

Shiba Inu price under selling pressure could revisit $0.000020

A brief technical and on-chain analysis on Shiba Inu price. Here, FXStreet's analysts evaluate where SHIBA could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.

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Ripple faces persistent bear risks, shrugging off ETF inflows

Ripple is extending its decline for the second consecutive day, trading at $2.06 at the time of writing on Friday. Sentiment surrounding the cross-border remittance token continues to lag despite steady inflows into XRP spot ETFs.

Luna Classic soars 20% as Do Kwon's sentence hearing looms

Luna Classic surges 20% on Friday, extending its recovery for the fourth consecutive day. Roughly 959 million tokens have been burned in December so far, fueling LUNC's recovery.

Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.

Ethereum strengthens against BTC post-Fusaka, targeting $3,200 breakout

Ethereum trades above $3,100 on Friday, with bulls aiming for a breakout above a two-month-old resistance trendline. Ethereum gains strength against Bitcoin as demand for the major altcoin increases after the Fusaka upgrade.

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Crypto Today: Bitcoin, Ethereum, XRP pare gains despite increasing hopes of upcoming Fed rate cut

Bitcoin (BTC) is steadying above $91,000 at the time of writing on Friday. Resistance at $94,150 capped recovery on Wednesday, but in the meantime, bulls have contained downside risks above $90,000.

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