Cryptocurrencies Price Prediction: Aave, Crypto & Dogecoin – American Wrap 16 December
|AAVE rally shows no signs of stopping: 96% of holders now profitable
AAVE, one of the largest DeFi tokens, hit a three-year peak of $397 early on Monday. AAVE’s market capitalization crossed $5.723 billion as the token rallied nearly 130% in the past 30 days.
Crypto Today: MicroStrategy drives BTC to $107K as Fed cut hype sparks Ondo, Chainlink rallies
The global crypto market snapped out of a tepid start to the month after hotter-than-expected consumer inflation data sparked hopes of a third consecutive US Fed rate cut. With the next FOMC decision slated for December 18, Hyperliquid, Ondo Finance and Chainlink (LINK) emerged as the top-performing altcoins with investors leaning into yield-bearing DeFi tokens.
Dogecoin Price Prediction: DOGE extends losses despite Bitcoin rally to new high
Dogecoin price broke below the $0.40 support on Monday, tumbling 15% in the last seven days despite Bitcoin price hitting new all-time highs. Vital markets data shows DOGE has struggled to find new buyers since retracing from its 3-year peak on December 9.
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