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Will Bitcoin, ETH, SOL, XRP, SHIB Prices Set to Rally in June as CPI & PCE Inflation Cools

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Bitcoin, Ethereum, and other altcoins are set to witness an upsurge with breakouts in the next few days as we enter June. The crypto market defended the selloff from $8.2 billion in Bitcoin and Ethereum options expiry today.

Moreover, the US core PCE, the Federal Reserve’s preferred gauge to measure inflation, came in at 0.2% from the previous month in April after a 0.3% increase in March, the slowest increase so far in 2024 and below market expectations of a 0.3% rise. The headline PCE and core PCE inflation data came in line with expectations

Crypto options expiry and PCE inflation data were the major headwinds preventing Bitcoin price rally to new all-time highs, as reported earlier by CoinGape. Meanwhile, CPI inflation has also cooled to 3.6%

Bitcoin Price Start Rallying after PCE Inflation Data

The US dollar index (DXY) declined to 104.20 after the PCE inflation data pointed to an economic setting that could favor less restrictive monetary policy by the Federal Reserve.

Meanwhile, the US 10-year Treasury yield also dropped 0.042 to a low of 4.504%, easing from the four-week high of 4.61% touched recently as markets continued to assess the latest data for hints on the Federal Reserve’s policy outlook.

BTC price moves in opposite to DXY and Treasury yields. Thus, a drop in these macro factors always brings a much-needed rebound in the overall crypto market. In addition, the latest data hints at a more dovish approach to rate cuts by the Fed, while Fed swaps still indicate a single rate cut in 2024.

Legendary trader Peter Brandt predicts an early cup-and-handle formation in Bitcoin price. The cup part has formed completely and the handle pattern has yet to form. Peter Brandt hints at a breakout upcoming in BTC price, with the confirmation happening after a downtrend breakout.

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Also Read: Bitcoin Accumulations Worth $2.5 Bln Ignite Market Frenzy, Bull Run Ahead?

Altcoins to Rally Amid Consolidation in BTC Price

Ethereum price trading mostly sideways in the past 24 hours, with the price currently trading below $$3,800. The 24-hour low and high are $3,721 and $3,843, respectively. Furthermore, the trading volume has decreased by 40% in the last 24 hours, indicating a decline in interest among traders. But derivatives traders have ETH target price of $5000 by June-end.

XRP and Solana (SOL) prices are likely to witness upside moves in June amid a market-wide rally similar to a rally seen before Bitcoin halving. XRP price surpassed the $0.70 level in March and SOL price rose over $200.

Meme coins including SHIB, FLOKI, and BONK are set to rally as predicted accurately by CoinGape. Shiba Inu is likely to get a boost from the meme coins frenzy and Coinbase International Exchange listing SHIB perpetuals.

Also Read: LUNC & USTC Open Interest Soars Over 20%, Terra Luna Classic Price Set For 60% Rally

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Varinder has 10 years of experience in the Fintech sector, with over 5 years dedicated to blockchain, crypto, and Web3 developments. Being a technology enthusiast and analytical thinker, he has shared his knowledge of disruptive technologies in over 5000+ news, articles, and papers. With CoinGape Media, Varinder believes in the huge potential of these innovative future technologies. He is currently covering all the latest updates and developments in the crypto industry.

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Why Pi Network Price Should Hit $10, Or Its Over for Pi Coin

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After a steep fall to $0.40 earlier this week, the Pi Network price bounced back to $0.60 levels, with its market cap above $4.1 billion. However, on-chain data shows that investors’ interest in the Pi Coin is waning quickly, with daily trading volumes dropping another 44% to $158 million. Analysts point out that the increasing supply of PI tokens at the exchanges can further dampen the upside and could put the ecosystem growth in the shadows.

Why Is Pi Network Investor Sentiment Down

Pi Network community member Edycabas recently shared his take on the collapse of transaction activity on the blockchain. He noted that the Pi blockchain is underwhelming, reportedly processing less than one transaction per second, despite years of promotion suggesting thousands of transactions per block during its Open Mainnet phase.

Source: Edycabas

Responding to this, another community member, Dr Altcoin, noted that the blockchain itself remains operationally robust, boasting a 99.5% transaction success rate and averaging 20 transactions per block. “The real issue lies in transparency concerns surrounding the co-founders, which continue to deter major investors and centralized exchanges (CEXs),” he said.

Besides, Dr Altcoin also shared aspirations for the Pi Network price to reach a minimum token value of $10, which, as per the analyst, would significantly boost engagement with decentralized applications (DApps) and broader adoption. Dr Altcoin has also previously suggested for Pi token burns to boost the Pi Coin price higher.

Pi Coin Core Team Lacks Transparency

Dr. Altcoin has also questioned the Pi Network co-founders’ reluctance to engage publicly, urging them to address the community and investors. “Why do the co-founders avoid interviews?” Dr. Altcoin asked, adding that the “Pi Community has kept this project alive for years, and it deserves greater recognition”.

Dr. Altcoin stressed that co-founders Nicolas Kokkalis and Chengdiao Fan must step up to showcase the project’s potential to prevent the token from declining further, warning of a possible Pi Coin price dip below $0.30 in the coming week.

Crypto analyst Dr. Altcoin has issued a statement predicting significant activity on centralized exchanges (CEXs) as unlocked Pi tokens flood the market. Starting next week, an average of 134 million Pi tokens will reportedly enter circulation monthly.

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Bhushan Akolkar

Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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Which Altcoins Made Grayscale’s Q2 2025 Cut?

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Grayscale, a leading digital asset manager, has revealed the latest update to its “Assets Under Consideration” list for the second quarter of 2025. 

The list includes a diverse array of altcoins that could likely shape the firm’s future offerings.

Grayscale Removes Kaspa and Other Key Altcoins in Q2 2025 Update

In this latest iteration, Grayscale’s “Assets Under Consideration” list features 40 altcoins. The update indeed marks a significant overhaul of the firm’s January 2025 list, which had 39 assets. Previously, 35 assets were included in the October 2024 version.

“We’re excited to share this list of assets under consideration for inclusion in future Grayscale investment products,” the blog read.

Grayscale Crypto Sector Assets Under Consideration
Smart Contract Platforms Aptos (APT)
Arbitrum (ARB)
Babylon*
Berachain (BERA)*
Celestia (TIA)
Hedera Hashgraph (HBAR)
Mantle (MNT)
Monad*
Movement (MOVE)*
Toncoin (TON)
TRON (TRX)
VeChain (VET)
Financials  Aerodrome (AERO)
Binance Coin (BNB)
Ethena (ENA)
Hyperliquid (HYPE)
Jupiter (JUP)
Lombard*
Mantra (OM)*
Maple (SYRUP)*
Ondo Finance (ONDO)
Pendle (PENDLE)
Plume Network (PLUME)
Consumer & Culture Aixbt by Virtuals (AIXBT)
Eliza (ELIZA)*
Immutable (IMX)
Story (IP) 
Utilities & Services Akash Network (AKT)
Artificial Superintelligence Alliance (FET)
Arweave (AR)
DeepBook (DEEP)*
Eigen Layer (EIGEN)
Geodnet (GEOD)
Grass (GRASS)*
Helium (HNT)
Jito (JTO)
Prime Intellect*
Sentient*
Space and Time*
Walrus (WAL)*  
Grayscale List of Potential Investible Assets. Source: Grayscale

One of the most notable changes is the removal of Kaspa from the list’s currencies section. Notably, this update does not include any assets in this category. 

Additionally, Grayscale has excluded Sei, Sonic, and Starknet from the smart contract platforms category. The financials sector also saw some changes, with the asset manager dropping THORChain and Injective Protocol from the list. 

The Consumer and Culture category has also seen removals of Ai16z and Virtuals Protocol. Lastly, Grayscale has eliminated Flock.io, Hyperbolic, and Worldcoin from the Utilities and Services category. This reduction hints at the firm’s recalibration of what it considers to be foundational utilities in the changing crypto sector.

New Asset Additions for Q2 2025

Meanwhile, these removals have paved the way for the addition of several assets, including VeChain. It is now incorporated into the smart contract platforms category, signaling a growing interest in the project’s potential. Moreover, Plume Network was spotted in Financials and Aixbt by Virtuals in Consumer and Culture.

Previously, Grayscale’s Q2 2025 Top 20 list highlighted Maple Finance, Geodnet, and Story for their strong growth potential. IP, which was previously listed under Utilities and Services, has now been moved to the Consumer and Culture category. Meanwhile, SYRUP has been added to the Financials category, and GEOD has joined Utilities and Services.

Grayscale’s Q2 2025 update also introduces several assets that have yet to be classified under the Grayscale crypto sectors framework. Among these new additions are Babylon, Berachain, Monad, Movement, Lombard, Mantra, Eliza, DeepBook, and Walrus. Prime Intellect, Sentient, Space, and Time, which were featured in the last list, are also included.

“We aim to update this list as frequently as 15 days after quarter-end as the crypto ecosystem expands and the Grayscale team reviews or reevaluates additional assets. The list below is as of April 10, 2025, and is subject to change intra-quarter as some multi-asset funds reconstitute and we launch new single-asset products,” Grayscale noted.

Furthermore, two assets that previously appeared on the list, Pyth Network (PYTH) and Dogecoin (DOGE), have now joined Grayscale’s product suite. On January 31, the asset manager launched the Grayscale Dogecoin Trust.

Shortly after, on February 18, Grayscale introduced its Pyth Trust. Thus, the market now watches closely to see which of the listed assets will transition from consideration to reality.

Disclaimer

In adherence to the Trust Project guidelines, BeInCrypto is committed to unbiased, transparent reporting. This news article aims to provide accurate, timely information. However, readers are advised to verify facts independently and consult with a professional before making any decisions based on this content. Please note that our Terms and ConditionsPrivacy Policy, and Disclaimers have been updated.



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BNB Chain Completes Lorentz Testnet Hardforks; Here’s The Timeline For Mainnet

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The renowned blockchain ecosystem BNB Chain has achieved a monumental stride this Friday, revealing that it completed the Lorentz testnet hardforks. According to an X post on April 10, this upgrade on the blockchain ecosystem brings faster blocks and smoother performance. “opBNB is now running at 0.5s block times & BSC testnet is live with 1.5s block times,” the X post added.

BNB Chain’s New Hardforks Boast Faster Blocks & Smoother Performance

BNB Chain revealed that the Lorentz Hardforks reduces opBNB block times to 0.5 seconds and BSC testnet to 1.5 seconds, offering its user base faster and smoother operations. opBNB is a layer-2 scaling solution built atop BSC, a layer-1 blockchain.

Notably, with the ecosystem upgrade, builders, validators, and users remain poised to witness a more responsive blockchain. Faster block times mainly bring increased throughput but risk syncing issues for dApps not designed for such speeds.

The blockchain’s team urged node operators and developers to upgrade and test dApps to check the upgrade’s compatibility.

Timeline For Mainnet Launch On BNB Chain

  • opBNB mainnet hardfork will take place on April 21 at 03:00 AM UTC.
  • BSC mainnet hardfork will take place on April 29 at 05:05 AM UTC.

Binance’s blockchain ecosystem is aiming to foster faster and smoother operations by the end of April, given the abovementioned advancements. This development could in turn magnetize more developers, builders, and users toward the ecosystem.

Native Coin Retaliate On This Development?

At the time of reporting, BNB coin’s price traded at $579.45, up marginally by 0.2%. The blockchain’s native token is currently consolidating within a tight range of $567 and $579.

Crypto market traders and investors have kept the coin on their radars as the abovementioned advancements could fuel more demand for the token. Also, BNB Chain can witness a flurry of activity ahead as it enhances its ecosystem’s potential with upgrades. A BNB coin price prediction by CoinGape further revealed that bulls are currently in control, as per the 3-month bias indicator.

As a result, market sentiments orbiting the coin are optimistic and investors could see a price rally ahead, although it’s worth mentioning that the broader crypto market faces immense pressure amid Donald Trump’s tariff flip-flopping.

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Coingape Staff

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.





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