Cryptocurrencies Market Prices

Ripple technical weakness persists as selling intensifies toward $1.00

Ripple grinds lower, trading around $1.10 at the time of writing on Wednesday. The sticky bearish outlook mirrors the broader crypto market, with major coins such as Bitcoin and Ethereum facing weak demand as investors de-risk.

Crypto Today: Bitcoin, Ethereum, XRP face downside pressure amid investor de-risking

Major crypto assets trade under intense headwinds on Wednesday, as market participants navigate complex geopolitical and macroeconomic environments. Bitcoin has slipped toward $61,000 after its recent rebound was sold near $64,000, leaving buyers exhausted.

Bitcoin Price Forecast: Sticky inflation fears threaten deeper sell-off in BTC

Bitcoin extends its decline on Wednesday, trading below $61,500 at the time of writing as renewed US-Iran tensions keep the risk sentiment capped. In addition, persistent capital outflows from US-listed spot Exchange Traded Funds continue to fuel selling pressure on BTC.

Assets

AssetLastBidAskCHGCHG%OpenHighLow
BTC/EUR
0.000.000.000.000.00%0.000.000.00
BTC/USD
0.000.000.000.000.00%0.000.000.00
ETH/USD
0.000.000.000.000.00%0.000.000.00
ETH/GBP
0.000.000.000.000.00%0.000.000.00
ETH/EUR
0.000.000.000.000.00%0.000.000.00
ETH/BTC
0.000.000.000.000.00%0.000.000.00

BTC/USD Forecast Poll

Interested in weekly BTC/USD forecast? Our experts make weekly updates forecasting the next possible moves of the bitcoin-dollar pair. Here you can find the most recent forecast by our market experts:
Bitcoin: After the bloodbath, everyone looks at $60,000
Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

1 Week

0%
Bullish
0%
Bearish
100%
Sideways
BiasSideways

1 Month

67%
Bullish
0%
Bearish
33%
Sideways
BiasBullish

1 Quarter

67%
Bullish
0%
Bearish
33%
Sideways
BiasBullish
Updated Jun 5, 15:00 GMTSee full study

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