Cryptocurrencies Price Prediction: Ethereum, Shiba & Bitcoin – American Wrap 06 May


Bitcoin Weekly Forecast: Bears take control after MicroStrategy’s margin call woes

Bitcoin price suffered a massive setback after a minor uptrend due to the FOMC meeting on May 5. While the Fed concluded a 50 basis point hike in interest rates, the volatility that it brought caused the stock market and BTC to crash. 

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Shakeouts, Fakeouts, Hopes & Dreams

Bitcoin price trades sideways after brief acquaintance with $35,750. Ethereum price slides below the monthly trend line at $2,700. XRP price rests at $.60, displaying hopeful signs

Why Shiba Inu price reached a market bottom

Shiba Inu price action has certainly faced its fair share of struggles. Despite the boring price action and bleak outlook, SHIBA is neither outperforming nor underperforming its peers.


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Ripple on-chain metrics show bullish signs amidst legal struggle with SEC, XRP eyes recovery

Ripple on-chain metrics show bullish signs amidst legal struggle with SEC, XRP eyes recovery

Ripple made a comeback above $0.48 on Tuesday and hovers above that level in Wednesday’s European session. Ripple on-chain metrics such as transaction volume and Network Realized Profit/Loss have turned bullish, supporting a recovery in the altcoin. 

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Bitcoin price falls amidst German government transfers, miners activity

Bitcoin price falls amidst German government transfers, miners activity

Bitcoin (BTC) extends correction on Wednesday and hovers around $61,000 after finding resistance near the $64,000 level on Monday. Recent on-chain data indicates heightened selling activity from Bitcoin miners early in the week. 

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Crypto Today: Bitcoin erases gains from end of June, Ethereum declines while Ripple holds

Crypto Today: Bitcoin erases gains from end of June, Ethereum declines while Ripple holds

Bitcoin wipes out gains from the last week of June and falls below $60,000 on Wednesday. Ethereum and top altcoins ranked by market capitalization erased gains as the inflation outlook worsened. Ripple holds on to recent gains and hovers above $0.48 on Wednesday. 

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Three reasons why altcoins could shake off losses this week

Three reasons why altcoins could shake off losses this week

On-chain data from Santiment shows that altcoins are currently in the opportunity zone, or generating buy signals. The top three altcoins in the buy zone are Basic Attention Token (BAT), Chromia (CHR), and Highstreet (HIGH), per Santiment. 

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Bitcoin: BTC price correction could end in July, according to seasonal data

Bitcoin: BTC price correction could end in July, according to seasonal data

Bitcoin (BTC) price appears poised for a decline this week, influenced by slight outflows in US spot ETFs, selling activity among BTC miners, and a combined transfer of 4,690.28 BTC to centralized exchanges by the US and German governments.

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