Cryptocurrencies Price Prediction: Render, Bitcoin & Meme coins – American Wrap 6 March

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[Render price, like Fetch.ai, could double its gains amid capital inflow from oncoming AI conference](https://www.fxstreet.com/cryptocurrencies/news/render-price-like-fetchai-could-double-its-gains-amid-capital-inflow-from-oncoming-ai-conference-202403062110) A break and close below $6.8750 would create a lower low, thereby invalidating the bullish thesis.After the recent meme coin mania that saw sector tokens register double-digit gains, AI crypto coins are the latest euphoria ahead of the NVIDIA 2024…

[Render price, like Fetch.ai, could double its gains amid capital inflow from oncoming AI conference](https://www.fxstreet.com/cryptocurrencies/news/render-price-like-fetchai-could-double-its-gains-amid-capital-inflow-from-oncoming-ai-conference-202403062110) A break and close below $6.8750 would create a lower low, thereby invalidating the bullish thesis.After the recent meme coin mania that saw sector tokens register double-digit gains, AI crypto coins are the latest euphoria ahead of the NVIDIA 2024 GTC AI conference scheduled for March 18 to 21 in Silicon Valley.[Bitcoin price eyes $69K as MicroStrategy announces pricing of $700 million convertible senior notes offering](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-price-bottoms-out-as-microstrategy-raises-100-million-more-than-initially-announced-202403061900) [Meme](http://pubads.g.doubleclick.net/gampad/clk?id=5703845201&iu=/7138/FXS30)coin speculators are hopping on a risky new wave of cartoonish tokens based on notable politicians and celebrities [this week](https://www.fxstreet.com/economic-calendar/united-states), with Solana-issued meme coins leading the market following cryptocurrency’s volatile trading session on Tuesday.Information on these pages contains forward-looking statements that involve risks and uncertainties.

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The author makes no representations as to the accuracy, completeness, or suitability of this information.FXStreet and the author will not be liable for any errors, omissions or any losses, injuries or damages arising from this information and its display or use.Errors and omissions excepted.The author and FXStreet are not registered investment advisors and nothing in this article is intended to be investment advice.[Join Telegram](https://t.me/fxstreetcrypto) Recommended Content Editors’ Picks [Worldcoin rally persists despite South Korean probe over users’ personal data](https://www.fxstreet.com/cryptocurrencies/news/worldcoin-rally-persists-despite-south-korean-probe-over-users-personal-data-202403061311) [](https://www.fxstreet.com/cryptocurrencies/news/worldcoin-rally-persists-despite-south-korean-probe-over-users-personal-data-202403061311) WorldCoin, the native token of the open-source protocol, is currently under investigation by the Personal Information Protection Commission of South Korea.

Despite facing a probe from South Korean authorities, WLD price has climbed over 3% on Wednesday.[More Worldcoin News](https://www.fxstreet.com/cryptocurrencies/news?q=Worldcoin%20&hPP=15&idx=FxsIndexPro&p=0) [What’s next for crypto after $1 billion in liquidations?](https://www.fxstreet.com/cryptocurrencies/news/whats-next-for-crypto-after-1-billion-in-liquidations-202403061120) [](https://www.fxstreet.com/cryptocurrencies/news/whats-next-for-crypto-after-1-billion-in-liquidations-202403061120) Bitcoin (BTC) price action on Tuesday created a new all-time high at $69,387, but it was soon followed by a steep correction that triggered one of the biggest liquidation events.Despite such a fallout, BTC is very close to reaching the pre-crash levels.[More Cryptocurrencies News](https://www.fxstreet.com/cryptocurrencies/news) [Ethereum price beats crypto market bloodbath nearly a week away from Dencun upgrade](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-beats-crypto-market-bloodbath-nearly-a-week-away-from-dencun-upgrade-202403061100) [](https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-beats-crypto-market-bloodbath-nearly-a-week-away-from-dencun-upgrade-202403061100) Ethereum (ETH) price climbed on Wednesday while several other cryptocurrencies wiped out their recent gains following Bitcoin’s price rally and its subsequent pullbackon Tuesday.

[More Ethereum News](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Ethereum) [Crypto influencer makes controversial Bitcoin price crash prediction to $45,000](https://www.fxstreet.com/cryptocurrencies/news/cryptos-controversial-influencer-sees-bitcoin-price-crash-to-45-000-blames-it-on-high-interest-rates-202403041505) [](https://www.fxstreet.com/cryptocurrencies/news/cryptos-controversial-influencer-sees-bitcoin-price-crash-to-45-000-blames-it-on-high-interest-rates-202403041505) Bitcoin price rally to $69,000 has seen few obstacles as inflows to Bitcoin ETFs hit $7.35 billion in 2024.According to a recent Bloomberg report, the institutional capital inflow to the exchange traded fund has driven the ongoing bull run.[More Bitcoin News](https://www.fxstreet.com/cryptocurrencies/news?q=&hPP=15&idx=FxsIndexPro&p=0&dFR%5BTags%5D%5B0%5D=Bitcoin) [Bitcoin: BTC likely to correct to $50,000 soon](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-btc-likely-to-correct-to-50-000-soon-202402231107) [](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-btc-likely-to-correct-to-50-000-soon-202402231107) Bitcoin price has formed a potential top signal that forecasts a sell-off.The weekly chart also points to a bearish divergence, which adds credence to the bearish outlook.

[Read full analysis](https://www.fxstreet.com/cryptocurrencies/news/bitcoin-weekly-forecast-btc-likely-to-correct-to-50-000-soon-202402231107).

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