|

Cryptocurrencies Price Prediction: Toncoin, Bitcoin & Crypto – European Wrap 31 March

Toncoin Price Forecast: TON bulls target $4.6 mark as venture capital firms inject over $400 million

Toncoin (TON) price hovers around $3.90 at the time of writing on Monday after rallying nearly 6% the previous week. TON Foundation announced on Thursday that it had raised over $400 million in Toncoin from venture capital firms in March. The technical outlook and open interest suggest a rally continuation, targeting $4.60.

Chart

Bukele may visit Trump as Bitcoin goals align

El Salvador’s President Nayib Bukele has signaled he is open to meeting President Donald Trump at the White House, fueling talk about deeper ties between the two leaders—especially around Bitcoin. While no official plans have been announced, such a visit would make Bukele the first Western Hemisphere leader to meet Trump at the White House during his current term.

Crypto’s dive

Crypto market capitalisation has fallen 1.3% in the last 24 hours and around 6.5% over the weekend, pulling back towards the lows of three weeks ago. The sell-off intensified after a failed attempt to climb above the 200-day average. The market's recovery from the 11th to the 26th of March was a rebound after a drop. A $2.56 trillion plunge below the March 11th lows could confirm this bearish scenario.

Author

FXStreet Team

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.

More from FXStreet Team
Share:

Editor's Picks

XRP recovery may stall above support as weak on-chain metrics reinforce bearish outlook

Ripple (XRP) shows subtle signs of recovery above $1.05 on Tuesday, with the move to around $1.07 ending three straight days of losses amid a pressured broader cryptocurrency market.

Crypto Today: Bitcoin, Ethereum, XRP extend sideways trading amid ETF outflows, US-Iran war escalation

Bitcoin hovers around $62,500 amid prevalent sideways trading. Meanwhile, major altcoins such as Ethereum and Ripple are holding above crucial support levels at $1,700 and $1.05, respectively, reflecting ongoing consolidation across the crypto sector.

Curve DAO tests breakout rally as bulls target over 15% upside

Curve DAO price is up 4% on Tuesday, extending its 3% gains from the previous day to emerge as the best-performing altcoin over the last 24 hours. On-chain data shows waning selling pressure as supply available on exchanges declines, while top holders increase their exposure amid rising supply in profit.

Bitcoin Price Forecast: Geopolitical tensions, ETF outflows keep BTC under pressure 

Bitcoin remains under pressure, trading at $62,600 on Tuesday after slipping over 2% in the previous day. The bearish bias is further fueled by renewed geopolitical tensions between the US and Iran, which have dampened risk appetite.

Bitcoin: Strategy sells, the market doesn’t care
Bitcoin (BTC) reclaims $64,000 on Friday, extending a modest recovery while holding firmly above the key technical support zone so far this week. Mixed spot Exchange Traded Funds (ETFs) flows through Thursday reflect cautious institutional positioning. Meanwhile, traders have digested headlines about Strategy’s recent Bitcoin sale, highlighting the Crypto King’s resilience and deep liquidity.