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Cryptocurrencies Price Prediction: Solana, Bitcoin & Monero — Asian Wrap 06 February

Cryptocurrencies Price Prediction: Solana, Bitcoin & Monero — Asian Wrap 06 February
FXStreet TeamFXStreet TeamFXStreet

Solana Price Forecast: SOL sell-off intensifies as BTC drops to $60,000

Solana (SOL) price extends its correction, slipping below $70 on Friday after posting losses of over 23% so far this week. The sell-off was fueled by broader weakness in the crypto market, with Bitcoin (BTC) reaching a low of $60,000 on Friday. The derivatives data shows signs of weakness, with SOL’s Open Interest (OI) dropping to mid-April levels. On the technical side, the outlook is bearish, with bears targeting a deeper correction to $60 for SOL.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP sink to multi-month lows

Bitcoin's price has crashed by more than 15% so far this week, after correcting by 11% the previous week. As of writing on Friday, BTC has reached a low of $60,000, a level last seen in mid-October 2024. If BTC continues its correction, it could extend the decline toward the weekly support at $54,800.

Top Crypto Losers: Monero, Zcash, and Jupiter lead losses as Bitcoin floors $60,000

Monero struggles below the $300 area at press time on Friday, following Thursday's 23% decline, which formed a bearish Marubozu candle. The privacy coin remains well below the 50-day Exponential Moving Average (EMA) at $454 and the 200-day EMA at $385, reinforcing a bearish setup. 

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Solana Price Forecast: SOL sell-off intensifies as BTC drops to $60,000

Solana Price Forecast: SOL sell-off intensifies as BTC drops to $60,000

Solana (SOL) price extends its correction, slipping below $70 on Friday after posting losses of over 23% so far this week. The sell-off was fueled by broader weakness in the crypto market, with Bitcoin (BTC) reaching a low of $60,000 on Friday.

Crypto market loses $2.65 billion as Bitcoin dips to $60,000 amid bearish sentiment

Crypto market loses $2.65 billion as Bitcoin dips to $60,000 amid bearish sentiment

The cryptocurrency market valuation is down $2.8 trillion as the industry leader, Bitcoin, dropped to $60,000 earlier on Friday before a whipsaw to $65,000. Market sentiment is extremely bearish as evidenced by massive liquidations, declining Open Interest, and a sell-side skew in the derivatives market. 

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple sink to multi-month lows

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple sink to multi-month lows

Bitcoin, Ethereum and Ripple slip to multi-month lows, erasing all gains since crypto-friendly candidate Donald Trump won the US presidential election in November 2024. BTC hits a low of $60,000 on Friday, while ETH nosedives to $1,750 and XRP to $1.11.

Top Crypto Losers: Monero, Zcash, and Jupiter lead losses as Bitcoin floors $60,000

Top Crypto Losers: Monero, Zcash, and Jupiter lead losses as Bitcoin floors $60,000

Monero (XMR), Zcash (ZEC), and Jupiter (JUP) are leading the cryptocurrency bear market over the last 24 hours as Bitcoin (BTC) dropped 14% on Thursday.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

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: BTC correction deepens as Fed stance, US-Iran risks, mining disruptions weigh

Bitcoin: BTC correction deepens as Fed stance, US-Iran risks, mining disruptions weigh

Bitcoin (BTC) price extends correction, trading below $82,000 after sliding more than 5% so far this week. The bearish price action in BTC was fueled by fading institutional demand, as evidenced by spot Exchange-Traded Funds (ETFs), which recorded $978 million in inflows through Thursday.