BTCC / BTCC Square / FxStreet-Crypto /
Shiba Inu, Crypto & Tether Price Forecast: June 12 Market Pulse – Will the Bulls Charge?

Shiba Inu, Crypto & Tether Price Forecast: June 12 Market Pulse – Will the Bulls Charge?

Published:
2025-06-12 14:07:02
12
2

Memecoins and stablecoins face their moment of truth as mid-June volatility tests trader convictions.

SHIB''s make-or-break level

Can the Dogecoin killer reclaim its hype cycle glory—or is this just another dead cat bounce? Technicals suggest a 20% swing potential either way.

Tether''s stability illusion

USDT''s peg holds firm while regulators circle like vultures. Traders cling to the stablecoin life raft—until the next ''black swan'' liquidity crisis.

Crypto''s inflection point

Bitcoin dominance wavers as altcoins flirt with breakout territory. The smart money''s playing both sides—because why choose when you can hedge?

Remember: In crypto, ''price prediction'' is just astrology for finance bros with riskier hobbies.

Shiba Inu Price Forecast: Correction looms amid whale sell-off and falling supply in profit 

Shiba Inu (SHIB) trades in the red on Thursday, extending the 3.22% drop from the previous day. Facing headwinds at the 50-day EMA, shiba inu risks a steeper correction as the large investors trim their SHIB holdings, concurrent with the supply in profit dropping to 23%. 

Chart

Crypto Today: Bitcoin, Ethereum, XRP risk further decline amid softer volumes and profit-taking 

Bitcoin (BTC) failed to hold above $110,000 following the sentiment-fuelled rally earlier this week, which broadly lifted cryptocurrency prices. The largest cryptocurrency by market capitalization has continued to lose strength over the last two days, currently trading at around $107,399 at the time of writing on Thursday.

Chart

Tether acquires 32% stake in Canadian-listed Gold mining company Elemental

Tether Group, the issuer of the world’s largest stablecoin USDT through its affiliate Tether Investments, has completed the acquisition of a 32% stake in Elemental Altus Royalties Corp. (Elemental). The development comes amid an intentional shift by Tether to strengthen its grip on long-term assets such as Gold and Bitcoin and as part of a strategic mission to build a robust and decentralized digital economy infrastructure.

|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users