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Cryptocurrencies Price Prediction: Solana, Algorand & Bitcoin – American Wrap 16 March

FXStreet Team FXStreet

Bitcoin price responds to the Fed by rallying, a close at $41,250 essential for further upside

Bitcoin price action has thrown bulls and bears into a tailspin ever since the Fed announced its recent interest rate increase. However, at the time of publication, bulls are in control and look to initiate an extremely bullish entry signal that could set BTC on the path to new all-time highs.

Solana price at risk of collapse

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

Algorand Price Forecast: ALGO prepares for 25% rally towards $87

Algorand price has been one of the more bearish cryptocurrencies this week as the price has printed the lowest low all month at $66. Despite the bearish grip, the 12-hour chart says the current downtrend could be coming to an abrupt end.

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FXStreet Team

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.