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

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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BNB Price Forecast: BNB slips below $855 as bearish on-chain signals and momentum indicators turn negative

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Top Crypto Losers: Aster, Midnight, and Ethena extend losses as selling pressure mounts

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Strategy scoops about $1 billion in Bitcoin for second consecutive week

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.