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02/14/2025 17:45:53 GMT

Cryptocurrencies Price Prediction: XRP, Bitcoin & Ethereum – American Wrap 14 February

FXStreet Team FXStreet

Weekly wrap: XRP, Solana and Dogecoin lead altcoin gains on Friday

XRP, Solana (SOL) and Dogecoin (DOGE) gained 5.91%, 2.88% and 3.36% respectively on Friday. While Bitcoin (BTC) hovers around the $97,000 level, the three altcoins pave the way for recovery and rally in altcoins ranking within the top 50 cryptocurrencies by market capitalization on CoinGecko.

Bitcoin

Bitcoin Weekly Forecast: BTC consolidates before a big move

Bitcoin's (BTC) price has been consolidating between $94,000 and $100,000 for the last ten days, and, when writing on Friday, it hovers around $97,000. Despite this consolidation, US Bitcoin spot Exchange Traded Funds (ETFs) data recorded a total net outflow of $650.80 million until Thursday, hinting signs of weakness among institutional investors. Moreover, this week, US macroeconomic data and Trump’s push for a Russia-Ukraine peace deal affected Bitcoin prices.

Total Bitcoin spot ETF net inflow chart. Source: Coinglass

Billions in Bitcoin and Ethereum options expire, market braces for volatility

Over $2.5 billion in Bitcoin and Ethereum options expire today, sparking fears of market volatility as traders watch for price movements.

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