The post ADA, PEPE, LINK, SHIB Price Prediction as Crypto Market Cap Drops $160B in 2 Days appeared on BitcoinEthereumNews.com.

Cryptocurrencies edged lower on Saturday after a hotter-than-expected inflation rate spooked investors. Bitcoin fell to $83,000 while most altcoins hit their weekly lows. This article offers an ADA, PEPE, LINK, and SHIB price prediction after macroeconomic fears saw the crypto market cap shed $160 billion in value within two days.  Crypto Market Cap Sheds $160B in 2 Days  Data from Tradingview shows that the total crypto market cap has dropped from $2.81 trillion to $2.65 trillion in just two days. At press time, this metric was at its lowest level in more than one week.  Besides crypto, Wall Street also fluttered, with the S&P 500 losing $1 trillion in market cap yesterday. This drop follows the release of the US PCE inflation data. As Coingape reported, the recent data revealed that inflation rose to 2.8%, higher than the expected 2.7%. This puts pressure on the Federal Reserve to maintain a hawkish policy.  Additionally, Kobeissi Letter has revealed that the long-term inflation expectations have risen to 4.1%, the highest level since 1993. This will continue to exert downward pressure on the crypto market cap.  SHIB Price Prediction as Wedge Breakout Hints At Rally  Shiba Inu price today trades at $0.0000126 today with a 5% decline in 24 hours. The daily SHIB price chart shows that the meme coin has broken out of a falling wedge pattern, and reversed to test resistance at the upper trendline. This pattern indicates that the trend is about to flip bullish.  If this price pattern holds and buying pressure surges, it will support a bullish Shiba Inu price prediction and fuel gains of as high as 80%. If this happens, Shiba Inu can record more than two times gains.  SHIB/USDT: 1-day Chart ADA Technical Analysis  Cardano’s price has shed more than 6% of its value in…

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Filed under: News - @ March 29, 2025 3:16 pm