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Cryptocurrencies price prediction: Bitcoin, Ethereum, Cryptos - American Wrap 06 Dec

Cryptocurrencies price prediction: Bitcoin, Ethereum, Cryptos - American Wrap 06 Dec
FXStreet TeamFXStreet TeamFXStreet

ETH overcomes key hurdle as ETF and staking inflows improve

Ethereum (ETH) is down 1% on Thursday despite rallying in the European session to overcome a key descending trendline resistance that has lasted for three years. The top altcoin has seen increased bullish sentiment across staking protocols and ETH ETFs. However, Chicago Mercantile Exchange (CME) data reveals that the ETH basis trade may have fueled the high ETF inflows.
CME Open Interest ETH Futures (Short)

Crypto Today: DOGE, BCH and LTC emerge as top gainers with Bitcoin’s $100K breakout sparking PoW rally

Bitcoin price breached the $100,000 milestone on December 4, as investors reacted positively to news of Trump nominating Paul Atkins for the Securities & Exchange Commission (SEC), viewed as a crypto-friendly replacement for Gary Gensler. BTC’s remarkable record triggered mixed reactions within the altcoin market.

Why Ethereum could break all-time high after Bitcoin's rally to $104,000

Ethereum (ETH) is hovering close to the $4,000 level early on Thursday. The second-largest cryptocurrency is gearing to test its 2021 peak at $4,868. Technical indicators support a bullish thesis for Ethereum. 
ETH/BTC price chart

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Solana strikes key resistance with double-digit gains

Solana strikes key resistance with double-digit gains

Solana trades at $88 at press time on Thursday, after an 11% upswing the previous day within a broader consolidation range of roughly three weeks. Institutional demand for Solana heightens as US spot SOL Exchange Traded Funds record $30 million of inflow on Wednesday.

Stellar relief bounce fades as bearish undertone persists

Stellar relief bounce fades as bearish undertone persists

Cardano price steadies at $0.29 on Thursday after surging over 14% in the previous day. Improving on-chain and derivatives data support a positive outlook as whale wallets are increasing exposure alongside positive funding rates.

Top Crypto Gainers: Polkadot, Near Protocol, Uniswap lead market rebound

Top Crypto Gainers: Polkadot, Near Protocol, Uniswap lead market rebound

Altcoins, such as Polkadot, Near Protoco, and Uniswap, are leading gains over the last 24 hours as Bitcoin jumped 6% on Wednesday. The altcoins are holding steady on Thursday following a rebound the previous day, testing the waters around their 50-day EMA. 

Cardano steadies as whales accumulate and bullish sentiment grows

Cardano steadies as whales accumulate and bullish sentiment grows

Cardano price steadies at $0.29 on Thursday after surging over 14% in the previous day. Improving on-chain and derivatives data support a positive outlook as whale wallets are increasing exposure alongside positive funding rates.

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

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: No recovery in sight

Bitcoin: No recovery in sight

Bitcoin (BTC) price continues to trade within a range-bound zone, hovering around $67,000 at the time of writing on Friday, and falling slightly so far this week, with no signs of recovery.