Cryptocurrencies Price Prediction: Solana, Bitcoin & Crypto – European Wrap 9 June

FXStreet Team FXStreet

Solana Price Forecast: SOL recovery eyes $180 as dead cat bounce risk looms

Solana (SOL) edges higher by over 1.50% at press time on Monday after three consecutive days of growth, signaling a recovery trend in motion. The rising optimism in the crypto market is due to the second round of US-China trade talks later in the day. Despite this, the upbeat sentiment in Solana derivatives fuels the surge in Open Interest (OI), and the technical outlook projects an uptrend to $180 if bulls hold the fort above the $150 psychological level.

Bitcoin Price Forecast: BTC risks fallout from $105,000 as markets focus on fresh US-China trade talks

Bitcoin (BTC) struggles to float above $105,000 due to overhead selling pressure near the seven-day high of $106,794, amid rising interest surrounding the second US-China trade talks to discuss tariffs and the future of trade deals. Negotiations will take place in London between US Treasury Secretary Scott Bessent and China’s Vice Premier He Lifeng on Monday.

Crypto Today: BTC, ETH, XRP recover ahead of US-China trade talks

The cryptocurrency market broadly edges up on Monday, extending a brief run over the weekend. Meanwhile, Bitcoin's (BTC) price increases above the pivotal $106,000 level, signaling a potential breakout toward $110,000 as investors await the second round of trade talks between the United States (US) and China.

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Avalanche struggles near $12 as Grayscale files updated form for ETF

Avalanche trades close to $12 by press time on Wednesday, extending the nearly 2% drop from the previous day. Grayscale filed an updated form to convert its Avalanche-focused Trust into an ETF with the US Securities and Exchange Commission.

Bitcoin slips below $87,000 as ETF outflows intensify, whale participation declines

Bitcoin price continues to trade around $86,770 on Wednesday, after failing to break above the $90,000 resistance. US-listed spot ETFs record an outflow of $188.64 million on Tuesday, marking the fourth consecutive day of withdrawals.

Michael Selig assumes role as new CFTC Chair, what does this mean for crypto?

Michael Selig has been sworn in to serve as the 16th Chairman of the Commodity Futures Trading Commission. Selig was confirmed by the US Senate to head the commission last week, following his October nomination by the US President Donald Trump.

Crypto.com hires sports trader for event prediction market-making

Crypto.com plans to recruit a quant trader for the sports market-making team to buy and sell financial contracts related to these events. Opponents argue that internal trading desks put operators or their affiliates on the opposite side of customer trades.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.

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