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Cryptocurrencies Price Prediction: Bitcoin, Dogecoin & Crypto – European Wrap 22 August

FXStreet Team FXStreet

Bitcoin price rises, approaching key resistance barrier at $62,000

Bitcoin (BTC) trades above $61,000 on Thursday, holding up on gains driven by the release of the Fed Minutes on Wednesday, which hinted at an interest-rate cut in September. US spot Bitcoin ETFs saw a modest inflow on Wednesday, while on-chain data doesn’t seem to support further price gains as Bitcoin OTC desk balances for miners surge and the long-to-short ratio stays below one.

Top 3 meme coins Dogecoin, Shiba Inu, Pepe steady with over 30% holders underwater

The largest meme coins by market capitalization – Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) – swing on Thursday between mild gains and losses, tracking the broader trend in the main crypto assets. More broadly, DOGE and SHIB gained between 3% and 4% in the last seven days, while PEPE erased 1.37% of its value in the same time frame.

Crypto tug of war

The crypto market gained 1.7% in the last 24 hours to reach $2.14 trillion, continuing to test August's resistance. Bitcoin rose 2.6%, while Ethereum gained 1.2%. The battle for a 10th position in the CoinMarketCap has intensified: Tron's 5.5% drop to a cap of $13.09 billion contrasted with Cardano's 2.5% rise to $13.17 billion. Its closest rival, Dogecoin, added 1.3% to reach a total coin value of $15.36 billion, with 17% distance from Cardano.

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FXStreet Team

FXStreet

Cardano Price Analysis: Approaches key trendline amid bearish sentiment

Cardano (ADA) price is approaching its descending trendline around $0.28 at the time of writing, set to shape the next directional move. The derivatives metrics paint a bearish picture, with ADA’s Open Interest continuing to fall and short bets rising among traders.

Top Crypto Gainers: Decred, Zcash, and Dogecoin lead recovery as Bitcoin crosses $72,000

Bitcoin trades above $72,500 at press time on Thursday, holding its 6% gain from the previous day, contributing to a broader market recovery. The total cryptocurrency market capitalization stands at over $2.43 trillion as the broader market sentiment improves significantly.

Trump presses Congress on CLARITY bill after meeting with Coinbase CEO

US President Donald Trump is urging legislators to pass the CLARITY Act after allegedly meeting with Coinbase CEO Brian Armstrong amid growing dispute over stablecoin yields.

Ethereum Price Forecast: ETH jumps alongside a spike in open interest, realized price could limit upside

Ethereum (ETH) has jumped above $2,100 on Wednesday, following a general recovery across the crypto market. The move was accompanied by a spike in Ethereum's open interest, which has increased to 13.43M ETH — its highest level since January 31. The top altcoin's OI has been rising since February 19, adding 1.2M ETH over the past two weeks.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.