Cryptocurrencies Price Prediction: Bitcoin, Myro & Arbitrum — Asian Wrap 06 March

FXStreet Team FXStreet

Bitcoin Price Outlook: Almost $521 million in total liquidations as BTC hits new ATH

Bitcoin (BTC) price nuked on Tuesday to an all-time high of $69,324, blowing millions in short and long positions out of the water.

Solana-based MYRO is an outlier, soars 50% despite meme coins crashing

Cryptocurrency markets continue to bleed after Bitcoin (BTC) shattered its $68,999.99 peak to record a new all-time high of $69,324. However, with this peak, a renowned trader and analyst, @HsakaTrades calls out the whales for pushing price down. Specifically, the analyst says that these large holders have placed spoofy sell orders on exchanges to make noobs and risk managers sell. In his opinion, the large holders are looking to "buy back lower.”

Arbitrum community passes proposal for Atlas to support Ethereum’s Dencun and other upgrades

Arbitrum DAO passed a proposal to upgrade its two Layer 2 blockchains to accommodate Ethereum’s upcoming Dencun upgrade. The community passed the proposal, and the chain is now gearing up for low-cost transaction processing on the Ethereum chain.

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Solana Price Forecast: SOL consolidates as spot ETF inflows near $1 billion signal institutional dip-buying

Solana (SOL) price hovers above $131 at the time of writing on Monday, nearing the upper boundary of a falling wedge pattern, awaiting a decisive breakout.

Top 3 Price Prediction: Bitcoin, Ethereum, Ripple – BTC, ETH and XRP face pressure near key technical barriers

Bitcoin (BTC), Ethereum (ETH) and Ripple (XRP) hover around key levels on Monday after correcting slightly in the previous week. The top three cryptocurrencies by market capitalization could face increased downside risk as bearish momentum builds across key indicators.

Top Crypto Losers: DASH, SPX, PENGU – Privacy and meme coins lose ground

Altcoins, including Dash (DASH), SPX6900 (SPX), and Pudgy Penguins (PENGU), are leading losses as the broader cryptocurrency market remains cautious ahead of the macroeconomic data releases, such as the US Nonfarm payroll report, CPI data, and the Bank of Japan’s rate-hike decision.

Top 3 Price Prediction: BTC and ETH eyes breakout, XRP steadies at support

Bitcoin (BTC) and Ethereum (ETH) are nearing the key resistance levels at the time of writing on Friday, and a successful breakout could open the door for a fresh rally. Meanwhile, Ripple (XRP) is stabilizing around a crucial support zone, hinting at a potential rebound if buyers maintain control.

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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.

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