Cryptocurrencies Price Prediction: Terra, Shiba & Bitcoin – American Wrap 03 June

FXStreet Team FXStreet

Bitcoin Weekly Forecast: $35,000 or $23,000, which CME gap gets filled first?

Bitcoin price has been consolidating since the May 12 crash and has stayed relatively flat from a macro standpoint. As a result of this consolidation, BTC could be preparing for a volatile move that will shock investors.

LUNA 2.0 price recovers as Do Kwon may not go to prison

LUNA 2.0 price started its recovery after the bloodbath as Korean authorities revealed prison time may be unlikely for Do Kwon. The Terraform Labs CEO could instead be hit by fines and penalties from regulators and lawsuits from investors, on account of the colossal UST and LUNC (previously LUNA) crash.

How Shiba Inu price is at a make or break point

Shiba Inu (SHIB) price is set to deliver a very bullish signal to the markets as price action during the ASIA PAC session has started knocking up against a red descending trend line. That trend line has been the backbone of the downtrend that started in mid-April. A breakout above would trigger a jump back up towards $0.00001708 and make 55% of added value.

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FXStreet Team

FXStreet

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

Solana Price Forecast: ETF inflows, bullish derivatives signal more upside

Solana steadies at $78 on Wednesday, up over 2% so far this week. Institutional demand shows positive signs with SOL spot Exchange Traded Funds recording a second consecutive day of inflow this week. In addition, strengthening derivatives metrics support further gains ahead.

Crypto Market Overview: Bitcoin holds firm as ONDO and GRAM lead rally

The broader cryptocurrency market is witnessing an easing of bearish momentum, with Bitcoin holding above $66,000. Altcoins including Ondo and Gram, formerly known as Toncoin, are leading gains over the last 24 hours, driven by new features. Bitcoin holds above $66,000 on Wednesday, following a 2% surge the previous day.

Top 3 Price Prediction: BTC extends gains, ETH and XRP target breakout moves

Bitcoin, Ethereum and Ripple remain on the front foot as the broader crypto market extends its gains so far this week. BTC leads gains after closing above key resistance while ETH and XRP near key technical hurdles where a breakout could pave the way for additional gains.

White House backs ethics deal as CLARITY Act faces August deadline

The White House has agreed to a comprehensive ethics provision for the Digital Asset Market Clarity Act, potentially clearing a major obstacle to the crypto regulation bill as lawmakers aim to advance it before the August recess. The agreement follows weeks of negotiations over rules aimed at preventing government officials from having conflicts of interest in the crypto industry.

Bitcoin’s potential recovery in the second half hinges on these 4 catalysts

Bitcoin (BTC) has fallen over 34% in the first half of this year as the King Crypto failed to capitalize on a good semester for risk assets despite the woes from the Iran war.