Cryptocurrencies Price Prediction: Bitcoin, Sui & Dogecoin – European Wrap 30 October
|Bitcoin Price Forecast: Flirting with fresh all-time high
Bitcoin (BTC) is trading slightly down around $72,200 on Wednesday, just below its all-time high after reaching $73,620 on Tuesday and correcting slightly. However, BTC is likely to hit fresh all-time highs this week, bolstered by $827 million in ETFs inflows on Tuesday – its third-largest single-day inflow since launch – and analysts suggest that any dip below $70,000 is likely to attract strong buying support ahead of the US presidential election.
SUI Price Forecast: Fresh all-time high likely, fueled by increased chain activity
Sui (SUI) price trades around $2.08 on Wednesday after retesting key support and rallying 17% on Tuesday, signaling the potential for a new all-time high in the short term.
This bullish momentum is further bolstered by rising Total Value Locked (TVL) and increased decentralized exchange (DEX) trading volume, reflecting heightened trader activity and usage of the SUI ecosystem.
Top 3 meme coins Dogecoin, Shiba Inu and PEPE hold recent gains after Bitcoin’s flirt with fresh all-time high
Dogecoin (DOGE), Shiba Inu (SHIB) and PEPE correct slightly on Wednesday after extending their gains alongside Bitcoin on Tuesday, when the king crypto marched within a touching distance to its all-time high of $73,777. The top three meme coins corrected alongside Bitcoin, and on-chain metrics show a massive spike in activity in DOGE, SHIB and PEPE prior to the price decline.
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