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Cryptocurrencies Price Prediction: SOL, Bitcoin & Crypto – European Wrap 6 January

FXStreet Team FXStreet

SOL worth $227M moved to centralized exchanges, clouds bullish technical outlook

A SOL market dynamic that characterized the March 2024 price top has reappeared, clouding the token's bullish technical outlook.

Last week, centralized exchanges recorded a hefty net inflow of $227.21 million in SOL, the token powering Solana's smart contract blockchain, marking the highest influx since the third week of March, according to Coinglass.

Bitcoin is on the verge of $100,000 again

The crypto market capitalisation has surpassed $3.5 trillion, the highest since 19 December. Short-term growth in the market is being replaced by periods of consolidation. The market seems to be probing the ground beneath its feet and moving gently upwards. The sentiment index of 76 (extreme greed) indicates a period of active buying, leaving plenty of room for growth.

Key US economic data this week could shake crypto markets

Key US economic reports this week, including jobs data and Fed insights, could drive volatility in crypto markets, shaping Bitcoin's short-term outlook.

This week, key US economic data reports are set to influence crypto markets, with Bitcoin still struggling below the $100,000 mark. Traders and investors are watching closely as job reports, Federal Reserve insights, and consumer sentiment data could trigger market volatility. Economic indicators will help shape investor confidence and guide trading strategies in the coming days.

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FXStreet Team

FXStreet

Pi Network Price Forecast: Core team offloads supply, weighing on PI recovery

Pi Network hovers below $0.1700, broadly steady at press time on Monday, attempting a recovery after a 2% loss the previous day. Sunday’s decline aligned with nearly 49 million PI tokens offloaded by the Pi Foundation, implying a spike in supply pressure that capped the prevailing four-day recovery.

Cosmos Hub Price Forecast: ATOM under pressure as bearish momentum accelerates

Cosmos Hub steadies near $1.82 at the time of writing on Monday, following a 20% decline the previous week. Weakening on-chain and derivatives data support a bearish outlook, while technical analysis remains unfavorable.

Meme Coins Price Prediction: Dogecoin, Shiba Inu, and Pepe show bearish signals at key levels

Meme coins are hovering around key support zones at the start of this week on Monday, after extending losses in the previous week. Dogecoin (DOGE) signals a neutral near-term bias with a slight bearish tilt.

Solana Price Forecast: SOL consolidates amid rising Middle East tensions

Solana (SOL) trades around $84 at press time on Monday, coiling further within a consolidation range that keeps the momentum trapped. Institutional interest in Solana resurfaced last week, with inflows of over $44 million capping downside pressure.

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.