Cryptocurrencies Price Prediction: Solana, AVAX & Bitcoin – European Wrap 24 March

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Solana Price Forecast: SOL bull aims for $160 mark as White House narrows April 2 tariffs

Solana (SOL) price extends its gains by nearly 4% and trades above $138 at the time of writing on Monday after recovering 5.32% last week. Reports suggest that the White House is narrowing its approach to tariffs set to take effect on April 2, likely omitting a set of industry-specific tariffs, fueling a rise in risky assets like cryptocurrencies, including Solana. The technical outlook suggests a rally toward $160 as SOL breaches a key resistance level.

Avalanche Price Forecast: AVAX bulls aim for double-digit rally amid increase in bullish bets

Avalanche (AVAX) price extends its gains by 7%, trading above $21 on Monday after rallying almost 9% the previous week. On-chain metrics suggest a bullish outlook as AVAX’s long-to-short ratio reached its highest in over a month. The technical analysis and funding rates data suggest a rally continuation, targeting 20% additional gains.

Bitcoin Price Forecast: BTC could hit $110,000, supported by the Fed’s dovish stance and Trump’s flexibility on tariffs

Bitcoin (BTC) price extends its gains and trade above $87,400 at the time of writing on Monday after recovering 4.25% last week. BitMEX co-founder Arthur Hayes predicts that BTC could hit $110,000 before retracing to $76,500, supported by the US Federal Reserve’s (Fed) dovish stance on inflation and United States (US) President Donald Trump’s flexibility on tariffs. The US spot Exchange Traded Funds (ETFs) also supported BTC recovery as it recorded $744.30 million inflows last week.

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XRP falls toward $1.00 amid muted ETF activity

Ripple (XRP) edges lower toward the short-term $1.05 psychological support level at the time of writing on Wednesday. This marks three consecutive days of losses, undermining investor interest and the broader optimism for a potential deal between the United States (US) and Iran to reopen the Strait of Hormuz.

Swiss-based Taurus gives banks access to Hedera via unified digital asset platform

Taurus, a Switzerland-based digital asset infrastructure provider, announced on Wednesday that it has extended its services, targeting banks and regulated financial institutions on the Hedera (HBAR) network. Meanwhile, HBAR is paring losses, trading above $0.0650 at the time of writing. The token shows signs of stability amid a broader bearish trend.

Crypto markets trade muted, lag risk rally

Whilst hopes for a US-Iran agreement to revive the Strait of Hormuz and renewed AI-trade optimism lifted US equities to all-time highs, major cryptocurrencies remained largely sidelined on Wednesday. Bitcoin and Ether hovered near $64,000 and $1,800, respectively, extending their recent period of consolidation rather than participating in a broader risk rally they would normally follow.

Crypto Today: Bitcoin, Ethereum advance while XRP lags amid US-Iran deal optimism

Bitcoin (BTC) hovers near $64,000 at the time of writing on Wednesday, buoyed by a marginal improvement in crypto sentiment amid growing optimism that the United States (US) and Iran could potentially reach an agreement to open the Strait of Hormuz this week. Ethereum (ETH) mirrors Bitcoin’s neutral-to-bullish outlook, trading toward $1,900.

Bitcoin: Bulls hold the line

Bitcoin (BTC) edges slightly lower, trading at $64,300 at the time of writing on Friday but holding firmly above a key support zone. US-listed spot Bitcoin Exchange Traded Funds (ETFs) support BTC as they continued to attract institutional flows through Thursday, pointing to the fourth consecutive week of net inflows.