Cryptocurrencies Price Prediction: SPX6900, Ethereum & Ripple — Asian Wrap 09 June

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Altcoins in the lead: SPX, ICP, AB - Binance Alpha coins surge, ICP plans a trend reversal

The cryptocurrency market begins the week on a positive note with altcoins such as SPX6900 (SPX), Internet Computer (ICP), and AB (AB) leading the gains on Monday, at press time. Recovering from the flash crash on Thursday, Bitcoin reclaims and holds above the $105,000 level on Saturday, adding tailwinds to altcoins. The meme coin SPX soared 7.95% on Sunday following the 8% hike on Saturday to complete a bullish weekend. At the time of writing, SPX trades at $1.25 with minimal intraday movement after a 22% rally last week.

Ethereum Price Forecast: ETH tests key resistance amid rising exchange inflows

Ethereum (ETH) is trading just below $2,500 on Friday as investors exerted net selling pressure of 117,000 ETH across crypto exchanges following the Trump-Musk clash. Following a clash between US President Donald Trump and Tesla CEO Elon Musk over the "big beautiful bill," which led to Ethereum shedding over 7% of its value on Thursday, crypto exchanges saw net inflows of 117,000 ETH, the second-highest since April 24. The rising exchange inflows signify increased selling pressure on the top altcoin.

Ripple Price Prediction: XRP offers multiple buy signals targeting $2.50

Ripple (XRP) edges higher after a broader flash sell-off on Thursday, which saw the crypto market capitalization drop 4% to $3.4 trillion. XRP has recovered to trade at around $2.17 at the time of writing on Friday after dropping 9% on Thursday. This uptrend has the potential to continue into the weekend with bulls eyeing $2.50, underpinned by improving sentiment.

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Ripple eyes short-term bullish turn as investor demand returns

Ripple exhibits strong recovery prospects, trading above $1.10 on Friday. This rebound aligns with the broader crypto market and can be attributed to easing geopolitical tensions in the Middle East and growing appetite for risk assets.

Crypto Today: Bitcoin, Ethereum, XRP advance amid renewed capital inflows

Bitcoin maintains its upward momentum, holding above the $61,000 mark at the time of writing on Friday. Major altcoins such as Ethereum and Ripple are also posting gains, signaling a modest uptick in market sentiment and renewed risk appetite among investors.

Bitcoin Weekly Forecast: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin recovers to $61,800 on Friday after falling to a 21-month low of $57,800. US-listed spot ETFs recorded outflows of $526.64 million through Thursday, pointing to the eighth consecutive week of withdrawals.

Pi Network posts minor gains amid easing risk-off market sentiment

Pi Network (PI) shows minor recovery on Friday, a slow follow-through of the 2% rebound from the previous day. The recovery in PI aligns with the easing broader market risk-off sentiment, fueling speculative interest in the token.

Bitcoin: Quarter-end rebalancing might fuel BTC next bullish move

Bitcoin (BTC) is up over 3% so far this week, trading above $61,800 at the time of writing on Friday after slipping to a 21-month low earlier this week. Institutional selling continued, with spot Exchange Traded Funds (ETFs) recording net outflows of over $520 million through Thursday, pointing to the eighth consecutive week of withdrawals.