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.
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
FXStreet
