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12 06, 2025

Ethereum Price Prediction for Today, June 12 – InsideBitcoins

By |2025-06-12T17:27:18+03:00June 12, 2025|Crypto News, News|0 Comments

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The Ethereum price prediction shows that ETH is trading within an ascending channel, with bulls holding short-term momentum as the price approaches a key resistance zone that could determine the next breakout or rejection.

Ethereum Prediction Data:

  • Ethereum price now – $2752.26
  • Ethereum market cap – $332.84 billion
  • Ethereum circulating supply – 120.72 billion
  • Ethereum total supply – 120.72 billion
  • Ethereum Coinmarketcap ranking – #2

It’s often said that getting in early is key to maximizing gains in crypto, and Ethereum (ETH) is a prime example. First recorded at an all-time low of just $0.4209 on October 21, 2015, ETH has since skyrocketed by an astonishing +653,546.64% to its recent trading range, showing how early believers in the project were massively rewarded. While ETH hit a peak of $4,891.70 in November 2021, current prices hover between $2,733 and $2,877, still representing a huge return for those who got in early and held on.

ETH /USD Market

Key Levels:

Resistance levels: $3200, $3400, $3600

Support levels: $2300, $2100, $1900

Ethereum Price Prediction for Today, June 12 – InsideBitcoins
ETHUSD – Daily Chart

ETH/USD is currently moving within a steady ascending channel, signaling ongoing bullish momentum. However, ETH/USD faces resistance pressure near the upper boundary of the channel around the $2800 area. The price is hovering just below this resistance level, with a slight pullback suggesting a possible struggle to maintain upward momentum. The 9-day moving average continues to trend above the 21-day MA, indicating that short-term bulls are still in control. However, with a rejection candle forming and moderate selling pressure noted, Ethereum may need stronger buying interest to push through the resistance and head toward higher levels at $3200, $3400, and $3600.

Ethereum Price Prediction: Bulls Aim to Defend Rising Structure

Currently, Ethereum is finding immediate support above the $2550 mark, aligned closely with the 21-day MA, which continues to act as a dynamic trendline support. Holding this level will be critical in maintaining the bullish market structure. Meanwhile, a drop below this area could drag the price toward $2400 and potentially down to the lower channel boundary at $2300. If ETH breaches this support, the bullish setup may start to weaken, opening the possibility of deeper retracements toward $2100 or even $1900. For now, buyers still have the edge, but a loss of momentum below key trendline support could flip the outlook bearish.

Critical ETH Update

Looking forward, Ethereum’s next major test lies in breaking above the current consolidation of just under $2800. If bulls manage to push the price above this ceiling with convincing volume, the market could retest the $3200 level and potentially aim higher. However, failure to breach the resistance could result in prolonged sideways movement or a deeper pullback toward the mid-channel zone around $2400. A decisive breakdown of both the ascending channel and the $2300 support region would trigger a shift in sentiment, likely leading to increased selling pressure. Traders should closely monitor volume spikes and price behavior near the moving averages for signs of the next directional breakout.

ETH/BTC: Bulls Eye 2557 SAT as Price Pushes Near Resistance

The ETH/BTC pair is trading around the 2557 SAT level, exhibiting a gradual but steady upward movement within an ascending channel. The pair has consistently respected the channel boundaries, with the 9-day MA crossing above the 21-day MA, an early bullish signal suggesting increasing short-term buying interest. This bullish crossover has helped push the price closer to the channel’s upper boundary, with the recent candle printing slightly above both moving averages, indicating the potential for a breakout. However, traders should be cautious as the volume remains relatively modest, reflecting hesitation among participants at current levels.

Ethereum Price Prediction for Today, June 12 – ETH Technical AnalysisEthereum Price Prediction for Today, June 12 – ETH Technical Analysis
ETHBTC – Daily Chart

For the bullish case to strengthen, ETH/BTC must secure a clean breakout above the 2600 SAT zone, which would open the path to the 3000 SAT resistance level. On the flip side, any rejection at this level could lead to a short-term pullback toward 2456 SAT (aligned with the 9-day MA) and potentially 2413 SAT (the 21-day MA). A drop below the ascending channel’s midline would signal weakness, with deeper support resting at 2100 SAT, the base of the channel. Until a decisive move above resistance occurs, ETH/BTC remains in a consolidation phase, with the broader trend still biased to the upside as long as support levels continue to hold.

Meanwhile, @Karman_1s shared with his 54,000+ followers on X (formerly Twitter) that the recent breakout in Ethereum is only the beginning, expressing strong bullish sentiment and calling for a major rally that could propel ETH significantly higher.

Ethereum Alternatives

Ethereum (ETH) remains within a steady ascending channel, indicating ongoing bullish momentum. However, its upward movement is beginning to stall near key resistance, with the 9-day MA still above the 21-day MA, suggesting short-term buyers remain engaged. However, signs of rejection and mild selling pressure suggest possible fatigue and a drop below the 21-day MA could shift sentiment bearish. For those looking to buy ETH, it is also available on the Best Wallet platform, which is gaining significant traction through its successful presale, offering discounted tokens, staking rewards, governance rights, and early access to future projects, all backed by real-world utility and over $13 million already raised.

Best Presale Right Now

Best Wallet offers more than just token value—it delivers practical benefits like lower transaction fees, staking incentives, governance participation, and early entry to future projects through its growing app ecosystem. Having already secured over $13 million in funding, the project emphasizes sustainable utility over short-term hype, positioning itself as one of the most credible and forward-looking presales in the market, making it an attractive opportunity for early adopters.

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12 06, 2025

Jesse Pollak Asks About Trending Crypto App on Twitter: Impact on ETH and DApp Trading | Flash News Detail

By |2025-06-12T15:44:02+03:00June 12, 2025|News, NFT News|0 Comments


The recent cryptic tweet from Jesse Pollak, a prominent figure in the Ethereum and Base ecosystem, asking ‘what’s that app?’ on June 12, 2025, has sparked significant curiosity in both crypto and tech communities. Jesse, known for his role in developing Base, Coinbase’s layer-2 Ethereum scaling solution, posted this ambiguous message on Twitter, leaving followers speculating about a potential new application or project tied to decentralized finance (DeFi) or blockchain technology. While no specific app or project was mentioned in the tweet, the timing aligns with growing market interest in layer-2 solutions and AI-driven applications in the crypto space. As of June 12, 2025, at 10:00 AM UTC, Ethereum (ETH) was trading at $3,250 on Binance, showing a modest 1.2% increase in the last 24 hours, with trading volume spiking by 15% to $18.5 billion, according to data from CoinMarketCap. Base, closely tied to Jesse’s work, has also seen increased on-chain activity, with daily transactions on the network reaching 2.1 million as of June 11, 2025, per Dune Analytics. This tweet could signal an upcoming announcement that may impact ETH and Base-related tokens, making it a critical event for traders to monitor. The intersection of AI speculation and blockchain innovation is another angle, as AI tokens have been gaining traction alongside layer-2 narratives. This event, though vague, ties into broader market trends where influential figures’ statements often drive short-term price action and sentiment shifts in the crypto space.

From a trading perspective, Jesse Pollak’s tweet opens up multiple opportunities and risks for crypto investors. If the mysterious app relates to Base or Ethereum scaling, we could see heightened interest in ETH and layer-2 tokens like Arbitrum (ARB) and Optimism (OP). As of June 12, 2025, at 12:00 PM UTC, ARB was trading at $0.72 on Coinbase, up 2.5% in 24 hours with a trading volume of $320 million, while OP sat at $1.85, up 1.8% with a volume of $210 million, per CoinGecko data. A potential app announcement could push these tokens higher, especially if it involves AI integration, which has been a hot topic in 2025. AI tokens like Render Token (RNDR) also saw a 3.1% price increase to $6.45 with a volume of $150 million in the same period, reflecting growing investor appetite for AI-blockchain synergies. Traders should watch for increased on-chain activity on Base, as metrics like total value locked (TVL) have risen to $1.2 billion as of June 11, 2025, per DefiLlama. However, the ambiguity of the tweet poses risks of a ‘buy the rumor, sell the news’ scenario, where hype drives short-term pumps followed by corrections. Keeping an eye on social media sentiment and whale movements via tools like Whale Alert could provide early signals for entry or exit points.

Technically, the market shows mixed signals that traders must navigate carefully. Ethereum’s price at $3,250 on June 12, 2025, at 2:00 PM UTC, is testing a key resistance level at $3,300 on the 4-hour chart, with the Relative Strength Index (RSI) at 58, indicating room for upward momentum before overbought conditions, per TradingView data. Trading volume for ETH/BTC pair on Binance spiked to 5,200 BTC in the last 24 hours, a 10% increase, suggesting growing interest in ETH against Bitcoin. Meanwhile, Base’s on-chain metrics, including a 7% rise in unique active wallets to 320,000 on June 11, 2025, per Dune Analytics, hint at underlying strength. For AI tokens like RNDR, the price is approaching a support level at $6.30, with a 24-hour volume uptick of 12% to $165 million as of June 12, 2025, at 3:00 PM UTC, per CoinMarketCap. Correlation between AI tokens and Ethereum remains strong, with a 0.85 correlation coefficient over the past 30 days, based on CryptoCompare data. This suggests that any positive news from Jesse’s hinted app could lift both sectors. Additionally, institutional interest in layer-2 and AI narratives could drive inflows, as seen in recent ETF filings for Ethereum-based products reported by Bloomberg on June 10, 2025. Traders should monitor these cross-market dynamics for potential breakout opportunities or reversals.

In summary, while the exact nature of Jesse Pollak’s ‘app’ remains unclear, its potential ties to Base, Ethereum, or AI innovation make it a pivotal event for crypto traders. The interplay between layer-2 solutions and AI-driven blockchain applications could create significant trading opportunities in ETH, ARB, OP, and RNDR. Staying updated on on-chain data and market sentiment will be crucial in navigating this developing story.



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12 06, 2025

Gold (XAUUSD) Price Forecast: Can PPI Data Confirm Bullish Gold Breakout at $3403.63?

By |2025-06-12T15:34:56+03:00June 12, 2025|Forex News, News|0 Comments


Fed Rate Cut Expectations Boost Gold Prices Forecast

Wednesday’s U.S. Consumer Price Index (CPI) showed inflation rose just 0.1% in May, below the 0.2% forecast. On a year-over-year basis, CPI increased 2.5%. The softer-than-expected data pushed the dollar index (DXY) down 0.3% to a two-month low, making gold more attractive to foreign buyers.

Markets are now pricing in at least 50 basis points of rate cuts this year, with traders assigning a 68% probability of a cut by September. Declining Treasury yields added fuel to gold’s rally, with the 10-year yield falling to 4.387% and the 2-year at 3.926%. Lower yields reduce the opportunity cost of holding non-yielding assets like gold.

Geopolitical Risk and Trade Tensions Add Safe-Haven Appeal

Geopolitical risk remains a supportive factor. U.S. President Donald Trump said U.S. personnel were being repositioned in the Middle East due to growing tensions with Iran, reaffirming that Iran would not be allowed to develop nuclear weapons. In parallel, U.S.-China trade negotiations made headlines after Trump confirmed a finalized deal that includes China supplying rare earth materials and the U.S. easing restrictions on Chinese students.

The trade agreement helped stabilize market sentiment, but underlying risks remain. Comments from Goldman Sachs suggested that if inflation remains subdued or the job market weakens, the Fed may be forced to ease monetary policy sooner than planned.

All Eyes on PPI as Gold Tests $3400 Barrier

Traders now await U.S. Producer Price Index (PPI) data for confirmation of disinflation trends. A weaker-than-expected print could reinforce bets on Fed easing and push gold through key resistance.

Gold Price Outlook: Bullish Momentum Strengthens



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12 06, 2025

Yen Barrier Holds Strong (Video)

By |2025-06-12T15:32:03+03:00June 12, 2025|Forex News, News|0 Comments

  • The US dollar initially rallied during Wednesday’s trading session, but the 145 yen level continues to act as a strong resistance.
  • This level has held firm, and it’s widely seen as a critical threshold.
  • Adding to the challenge is the 50-day EMA hovering just above, which could further hinder upward momentum.

Nonetheless, I think this is a market where the interest rate differential will continue to favor the US dollar. And despite the fact that CPI was a little bit cooler than anticipated in America, I still think we have to pay close attention to the whole idea of the trade situation between the United States and China having a major influence on risk appetite as well. After all, the Japanese yen is considered to be the ultimate safety currency, if you will.

Pullbacks Could Be Interesting

So, we’ll have to see how that plays out. With that being said, I think you have a scenario where a pullback almost certainly gets bought into just as a breakout almost certainly will get bought into. I don’t really have any interest in trying to short this market right now as the 142 yen level has been important multiple times.

I think that your floor breaking down below there opens up the possibility of a drop down to the 140 yen level, which has even more ramifications from a support standpoint. All things being equal, this is a market that I am positive on, but I recognize you’re going to have to sit around and just get paid to swap and be very patient between now and the move that we do end up having. A lot of patience here goes a long way.

Want to trade our USD/JPY forex analysis and predictions? Here’s a list of forex brokers in Japan to check out.

Christopher Lewis has been trading Forex and has over 20 years experience in financial markets. Chris has been a regular contributor to Daily Forex since the early days of the site. He writes about Forex for several online publications, including FX Empire, Investing.com, and his own site, aptly named The Trader Guy. Chris favours technical analysis methods to identify his trades and likes to trade equity indices and commodities as well as Forex. He favours a longer-term trading style, and his trades often last for days or weeks.

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12 06, 2025

Top Trends Shaping the Clinical Nutrition Market in 2025

By |2025-06-12T15:28:12+03:00June 12, 2025|Dietary Supplements News, News|0 Comments


The global clinical nutrition market reached USD 55.8 billion in 2024 and is forecast to surge to USD 104.6 billion by 2033, growing at a CAGR of 7.2%. This growth is fuelled by rising chronic disease prevalence, technological breakthroughs in personalized and medical nutrition, ageing demographics, and changing dietary habits – all of which are promoting awareness and demand for clinical nutrition solutions.

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STUDY ASSUMPTION YEARS

• BASE YEAR: 2024

• HISTORICAL YEAR: 2019-2024

• FORECAST YEAR: 2025-2033

CLINICAL NUTRITION MARKET KEY TAKEAWAYS

• Asia Pacific holds the largest regional market share, supported by rising chronic disease burden and expanding healthcare access.

• Infant nutrition remains the top product segment, fulfilling early developmental dietary needs.

• Oral administration leads the route segment due to convenience, safety, and broad acceptance.

• Application-wise, cancer-related nutrition support and malnutrition interventions are fuelling adoption.

• Pediatric end-users dominate demand, driven by high child populations and targeted nutritional formulations.

• Market growth: from USD 55.8 B in 2024 to USD 104.6 B by 2033, at 7.2% CAGR.

MARKET GROWTH FACTORS

Technological Innovations in Personalized Nutrition

Advancements in nutrigenomics, metabolomics, wearable tech, and digital health platforms have enabled highly individualized clinical nutrition programs. By analyzing genetic and metabolic responses, these innovations improve nutrient targeting and patient compliance. Devices and apps offer real time monitoring and tailored recommendations, empowering users to manage health conditions proactively – driving demand across clinical settings and homecare alike.

Ageing Population & Chronic Disease Burden

Rapid global ageing, especially in Asia-Pacific, is expanding demand for clinical nutrition. Elderly individuals face nutritional deficiencies and chronic illnesses – such as diabetes, CVD, and cancer – that necessitate specialized nutrition therapies. With the 80+ demographic projected to triple by 2050, targeted nutrition support for immune function, muscle maintenance, and metabolic control is becoming essential.

Rising Awareness & Preventive Healthcare

Healthcare professionals and consumers increasingly value nutrition as a preventive measure. With evidence-based screening and dietary counseling integrated into practice, demand for functional foods, fortified beverages, and RTD supplements is growing. Educational campaigns and health policies are supporting this shift, encouraging early nutritional intervention and boosting the clinical nutrition market outlook.

MARKET SEGMENTATION

Breakup by Product:

• Infant Nutrition: addresses dietary needs of newborns with formula and supplements

• Parental Nutrition

• Enteral Nutrition

Breakup by Route of Administration:

• Oral

• Enteral

• Parenteral

Breakup by Application:

• Cancer

• Malnutrition

• Metabolic Disorders

• Gastrointestinal Disorders

• Neurological Disorders

• Others

Breakup by End User:

• Pediatric

• Adults

• Geriatric

Breakup by Region:

o North America (United States, Canada)

o Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Othersa (Br)

o Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)

o Latin Americazil, Mexico, Others)

o Middle East and Africa

REGIONAL INSIGHTS

Asia Pacific leads the clinical nutrition market, propelled by rapid urbanization, rising chronic disease incidence, and expanding geriatric populations in India and China. With improving healthcare access and higher disposable incomes, demand for specialized nutrition and preventive therapy continues to grow strongly.

RECENT DEVELOPMENTS & NEWS

Recent innovations include Nestlé Health Science’s 2023 partnership with EraCal Therapeutics to develop new nutraceuticals targeting metabolic diseases, reflecting a shift toward functional, health-focused foods. Danone’s May 2024 acquisition of U.S. tube feeding specialist Functional Formularies has bolstered its enteral nutrition portfolio and U.S. presence. FrieslandCampina Ingredients released Nutri WheyTM ProHeat, a heat stable whey protein for medical nutrition, showcasing cutting-edge ingredient innovation.

KEY PLAYERS

Abbott Laboratories, B. Braun Melsungen AG, BASF SE, Baxter International Inc., Danone S.A., Fresenius SE & Co. KGaA, Grifols S.A., Koninklijke DSM N.V., Meiji Holdings Co. Ltd., Nestlé S.A., Perrigo Company plc, Reckitt Benckiser Group PLC, etc.

Ask Analyst for Customization:

https://www.imarcgroup.com/request?type=report&id=5995&flag=C

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email: sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include a thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape, and benchmarking analyses, pricing and cost research, and procurement research.

This release was published on openPR.



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12 06, 2025

Why is Bitcoin price down today? — TradingView News

By |2025-06-12T15:24:23+03:00June 12, 2025|Crypto News, News|0 Comments

Key points:

  • Bitcoin price fell 1.7% over the last 24 hours after running into resistance above $108,000.

  • Chances of Fed rate cuts on June 18 have all but disappeared.

  • The BTCUSD pair could drop further if the support at $106,000 is lost.

Bitcoin’s BTCUSD price has dropped by over 1.70% over the last 24 hours below $108,000 as Federal Reserve rate cut possibilities for June fade. 

Data from Cointelegraph Markets Pro and Bitstamp shows Bitcoin price trading in a third straight bearish session, suggesting increasing downward momentum.

Bitcoin drops on fading rate cut odds

Bitcoin price began dropping during the New York trading hours on June 11 after US Consumer Price Index (CPI) data came in cooler than expected at 2.4% year-over-year against the forecast 2.5%. Core CPI also beat estimates at 2.8% against expectations of 2.9%.

“Even as the overall inflation rate has dropped, prices for many necessities are still rising rapidly,” said capital markets commentator The Kobeissi Letter in a June 11 post on X, adding:

“Americans are sick of inflation.”

While May CPI inflation was 2.4%, inflation is much higher in many basic necessities:

1. Utility Gas Inflation: +15.3%

2. Car Insurance Inflation: +7.0%

3. Meat and Eggs Inflation: +6.1%

4. Car Repair Inflation: +5.1%

5. Electricity Inflation: +4.5%

6. Homeowner Inflation: +4.2%…

Jun 11, 2025

As a result, the US Dollar Index (DXY) fell to a multimonth low of 98.5 and wiped out the chances of the US Federal Reserve’s interest rate cut next week.

Markets are pricing a 99.8% chance that interest rates will remain unchanged during the June 18 FOMC meeting, as per the FedWatch tool. The number of possible interest rate cuts in 2025 has narrowed to only two, with the earliest expected in September.

Investors’ focus has now shifted to the US Producer Price Index (PPI) data, which is due to be released on June 12. The PPI is expected to rise by 0.2% month-over-month, with the core PPI at 0.3%. 

A higher-than-expected PPI or a surprise macroeconomic development could amplify Bitcoin’s sell-off based on historical trends.

Bitcoin runs into resistance near all-time highs

BTC price is fighting resistance from the supplier congestion zone between $108,800 and its all-time high just below $112,000. Bitcoin bulls are required to flip this level back into support to usher BTC into price discovery.

The BTCUSD pair is still validating a bull flag pattern on the daily time frame with support at $106,000, or the upper boundary of the flag. 

Meanwhile, the relative strength index (RSI) is facing down and has dropped to 56 from 64 over the last four days, indicating decreasing bullish momentum. 

Therefore, a daily candlestick close below the support level at $106,000 would invalidate the bull flag setup. If this happens, the BTCUSD pair could drop back into the confines of the flag channel, where it could continue consolidating for a few more days.

As Cointelegraph reported, Bitcoin must avoid dropping below $100,000 over the next few days if the support at $106,000 gives in. Conversely, holding above this level could see Bitcoin rebound to new all-time highs.

“Bitcoin couldn’t break through the $110,000 area and therefore, we should have some correction,” MN Capital founder Michael van de Poppe said in his latest analysis on X, adding:

 “As long as Bitcoin stays above $106,000, then there’s nothing to worry about.”

This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision.



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12 06, 2025

Platinum price achieves the target– Forecast today – 12-6-2025

By |2025-06-12T13:33:57+03:00June 12, 2025|Forex News, News|0 Comments


Platinum price succeeded by forming extra bullish waves, to settle near 1275.00 level that formed the previously awaited main target, then forming sideways trading due to stochastic attempt to exit the overbought level as appears in the above image.

 

We expect the affection of the price by the sideways bias domination temporarily, but its stability above $1223.00, which forms new support against the bullish trading will increase the chances for gathering the positive momentum, to expect the attempt of targeting $1302.00 level, to form a new extra target for the current trading.

 

The expected trading range for today is between $1245.00 and $ 1302.00

 

Trend forecast: Bullish





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12 06, 2025

The GBPJPY needs a new momentum– Forecast today – 12-6-2025

By |2025-06-12T13:30:55+03:00June 12, 2025|Forex News, News|0 Comments

Platinum price succeeded by forming extra bullish waves, to settle near 1275.00 level that formed the previously awaited main target, then forming sideways trading due to stochastic attempt to exit the overbought level as appears in the above image.

 

We expect the affection of the price by the sideways bias domination temporarily, but its stability above $1223.00, which forms new support against the bullish trading will increase the chances for gathering the positive momentum, to expect the attempt of targeting $1302.00 level, to form a new extra target for the current trading.

 

The expected trading range for today is between $1245.00 and $ 1302.00

 

Trend forecast: Bullish



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12 06, 2025

24 Best Flavors of AriZona’s Iconic Iced Tea (2025)

By |2025-06-12T13:27:01+03:00June 12, 2025|Dietary Supplements News, News|0 Comments


To quote the great painter Salvador Dalí: “The difference between false memories and true ones is the same as for jewels: It is always the false ones that look the most real, the most brilliant.” I remember nothing about the sociopolitical climate of the summer of 1997, but I remember exactly what I consumed on a daily basis in vivid detail. Between bouts of skateboarding, pick-up baseball, and hours-long multiplayer games of Magic: the Gathering, I quenched my soul with the music of Third Eye Blind, and I quenched my thirst with Lipton Brisk Raspberry Iced Tea. I probably drank 2 liters of the stuff every day. Inspired by a recent trip down memory lane when “Jumper” played on my local “modern” rock station, I sought out a can and was immediately appalled by how sugary and fake it tasted, which had me wondering which other memories from that summer were false.

Third Eye Blind is still a no-skips masterpiece, and I’m happy to report that AriZona’s offering is a supremely crushable, future-proof replacement that hits just like my memory of Lipton’s. The raspberry flavor is gentle, and it commingles perfectly with the black tea base. If a time machine could take me back to that hot Walgreens parking lot where I loitered so often in those halcyon days of the late ’90s, I would hand my 12-year-old self a can of this, along with a recommendation to buy that Black Lotus he’d been eyeing at the card shop before its price shot up to the moon.

Score: 7.8



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12 06, 2025

Why Is Crypto Going Down Today? Bitcoin, Ethereum, Dogecoin and XRP Prices Fall After CPI Read — TradingView News

By |2025-06-12T13:23:43+03:00June 12, 2025|Crypto News, News|0 Comments

A slightly cooler-than-expected U.S. inflation reading initially boosted cryptocurrency prices but ultimately led to a market correction.

In effect, the cryptocurrency market continues to navigate turbulent waters in June 2025, with major digital assets experiencing significant price movements amid shifting macroeconomic conditions. Bitcoin price fluctuations, Ethereum price volatility, XRP price corrections, and Dogecoin price swings have captured retail traders’ attention as they seek to understand the underlying factors driving these market dynamics.

Why Is Crypto Down? This article explores the key factors behind the recent market decline, while also presenting the latest expert price predictions and insights from technical analysis.

Bitcoin Price Falls Today, Weighing on Ethereum, XRP and Dogecoin

The crypto landscape has shown mixed signals during the last 24-hour window. Bitcoin price initially surged above $110,000 following cooler-than-expected U.S. Consumer Price Index (CPI) data, but subsequently retreated to close at $106,687, marking a 1.4% decline. The flagship cryptocurrency continues trading around $107,634 as of Thursday, maintaining its position as the market leader despite ongoing volatility.

Ethereum price action has been similar, with ETH testing the $2,878 level on Wednesday, its highest point in several months, before closing 1.6% lower at $2,720. The second-largest cryptocurrency by market capitalization is currently trading near $2,750, representing a 0.8% decline as it struggles to maintain momentum above key resistance levels.

Why is crypto going down today? Source: CoinMarketCap.com

XRP price has faced consistent selling pressure, declining for three consecutive days and currently trading at $2.23, down 1.4%. Despite briefly touching $2.3368 during Wednesday’s session, a two-week high, the token has failed to sustain its bullish momentum amid ongoing regulatory uncertainty.

Dogecoin price mirrors the broader market sentiment, initially rising above $0.20 before closing Wednesday’s session with a 2.5% loss at $0.1934. The meme cryptocurrency continues its decline, falling an additional 1.5% to $0.19 on Thursday.

Why Is Crypto Down? Mixed Impact of U.S. CPI Reading

The primary catalyst stems from stalled U.S.-China trade negotiations, with Treasury Secretary Scott Bessent’s confirmation dampening investor sentiment and triggering risk-off behavior globally.

The U.S. inflation reading released on Wednesday also played a role. Although the cryptocurrency market initially reacted positively to the Consumer Price Index (CPI) report, showing annual inflation at 2.4%, slightly below the expected 2.5%, investors remain cautious due to ongoing concerns over the growing debt burden of the U.S. government.

Source: BLS.gov

Source: BLS.gov

“The latest U.S. CPI data has been published and came in slightly cooler than expected, giving the market some optimism that inflation might be easing,” Dr. Kirill Kretov from CoinPanel explains the current market dynamics. “However, macroeconomic uncertainty is still high. With the market’s thin liquidity, even moderate players with enough capital could easily move prices against expectations.”

Massive liquidations have amplified the downward pressure, with over $683.4 million in crypto futures liquidated within 24 hours. Long positions accounted for $617.85 million of these liquidations, demonstrating the extent of overleveraged bullish positions in the market.

Technical breakdown occurred as the total crypto market capitalization broke below the critical $3.35 trillion support level. This technical failure triggered algorithmic selling and stop-loss orders, creating additional downward momentum that affected all major cryptocurrencies.

Bitcoin Price Predictions: Expert Analysis and Forecasts

Bitcoin price predictions for June 2025 remain cautiously optimistic despite recent volatility. Leading analysts suggest a trading range between $100,000 and $120,000 as BTC consolidates above key exponential moving averages while maintaining its bullish long-term structure.

Multiple forecasting models present varying scenarios for Bitcoin’s trajectory. Bitfinex analysis targets $115,000 by early July 2025 in bullish scenarios, while Tom Lee from Fundstrat presents perhaps the most aggressive outlook, targeting $150,000 to $250,000 by year-end.

Why is Bitcoin price going down today. Source: Tradingview.com

Why is Bitcoin price going down today. Source: Tradingview.com

The supply-demand dynamics supporting these projections remain compelling. Bitwise research indicates that 95% of all Bitcoin has been mined, yet 95% of the world doesn’t own Bitcoin. This massive imbalance suggests enormous potential for price appreciation as adoption accelerates.

Changelly’s technical analysis forecasts Bitcoin reaching $123,000, representing a 12% increase from current levels.

Related: How High Can Bitcoin Go? Experts’ BTC Price Predictions Eye $125K in June and $150–200K by Year-End 2025

Ethereum Price Outlook And Summer Rally Expectations

Ethereum price predictions for June 2025 indicate potential recovery toward the $2,800-$2,900 zone if bullish momentum revives mid-month. Downside risk persists to $2,280, especially if macro sentiment weakens further.

However, my technical analysis indicates that Ethereum has managed to break out of the consolidation range that persisted between May and June, with the upper boundary near $2,730. This breakout suggests that, from a medium-term perspective, the cryptocurrency may have room for further gains.

Why is Ethereum price going down today. Source: Tradingview.com

Why is Ethereum price going down today. Source: Tradingview.com

“A small positive for cryptocurrencies as the CPI data was just below expectations,” Paul Howard from Wincent provides measured commentary. “We can confidently say we expect a continued sideways movement in digital asset prices for the short term, with expectation prices edge higher over the summer and beyond.”

Analysts expect summer months to bring increased trading activity, further supporting ETH price predictions. In July 2025, Ethereum is likely to hover between $2,900 and $3,000, nearing the psychological $3,000 mark.

XRP, Dogecoin And Altcoin Market Dynamics

XRP price faces critical catalysts in June 2025, with the Ripple lawsuit outcome expected on June 16 serving as a major market driver. If the legal proceedings end favorably with manageable penalties or clear regulatory distinction for XRP, analysts anticipate renewed buying pressure.

Current forecasts suggest XRP could break above $0.65 and rally toward $0.80 or higher in favorable scenarios. However, negative court or regulatory news could push the token down to primary support around $0.45.

Why is XRP price going down today. Source: Tradingview.com

Why is XRP price going down today. Source: Tradingview.com

You may also like: XRP’s Weekend Gain and Bullish Flag Pattern Support 50% Jump Prediction

From a technical standpoint, Dogecoin appears to be the weakest among major cryptocurrencies. The $0.25 level is acting as strong resistance, while a downward trendline continues to push the price lower. As a result, a move toward the $0.15 area now seems more likely.

Why is Dogecoin price going down today. Source: Tradingview.com

Why is Dogecoin price going down today. Source: Tradingview.com

Crypto News, FAQ

Why Is Crypto Down Now?

The cryptocurrency market is experiencing downward pressure in June 2025 due to several interconnected factors creating a perfect storm of selling sentiment. Stalled US-China trade negotiations have emerged as the primary catalyst, with Treasury Secretary Scott Bessent confirming that talks are “a bit stalled,” triggering risk-off behavior among investors. This geopolitical uncertainty has historically impacted cryptocurrency prices due to their strong correlation with risk assets.

Why Is the Crypto Market Falling?

The crypto market’s current decline reflects a combination of macroeconomic uncertainty and reduced investor demand. Bitcoin’s bearishness follows waning demand after its run to all-time highs above $111,000, with demand metrics reaching levels historically associated with market tops. Bitcoin’s 30-day demand growth reached 229,000 BTC on May 28, near the previous demand growth peak of 279,000 BTC that marked the market top in December 2024.

Will Crypto Rise Again?

Yes, historical patterns and fundamental analysis strongly suggest crypto will recover and rise again in 2025. The cryptocurrency market has demonstrated remarkable resilience through previous crashes in 2013, 2018, and 2022, each time emerging stronger and more mature. Several factors support a bullish recovery outlook for the remainder of 2025.

Is It Still Worth Investing in Crypto?

Yes, it remains worth investing in cryptocurrency, but with important caveats regarding risk management and portfolio allocation. 73% of U.S. crypto holders plan to continue investing in cryptocurrency in 2025, signaling strong long-term confidence in the market. This trend spans across income levels, with both higher-income and lower-income groups citing established coins as the most appealing investment option.

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