Cryptocurrencies Price Prediction: ApeCoin, Bitcoin & Arbitrum — Asian Wrap 16 August
|ApeCoin price set to revisit historical lows as traders’ domination over APE supply spikes
ApeCoin price was one of the worst-performing assets in the crypto market on August 15 as the broader market bearish woes overtook the optimism of recovery. However, a change in the investors’ behavior might also have a lot to contribute to the fluctuation in price at present and going forward.
Bitcoin volatility at record low as funding rate hits $200 million; signals impulse move ahead
Bitcoin (BTC) volatility has hit an all-time low, coming on the back of an extremely bored market, possibly due to the lack of proper impulse or catalyst. With extremely low volatility, money-making opportunities have shrunk, even for the most patient investors.
ARB holders' skepticism impedes Arbitrum price recovery, could result in 18% decline
Arbitrum price has noted a disappointing series of candlesticks, with the altcoin trending downwards with each passing day. As the layer-2 chain's native token continues to lose ground, it is also losing its investors' confidence, evident in the overall network changes.
Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements. It also does not guarantee that this information is of a timely nature. Investing in Open Markets involves a great deal of risk, including the loss of all or a portion of your investment, as well as emotional distress. All risks, losses and costs associated with investing, including total loss of principal, are your responsibility. The views and opinions expressed in this article are those of the authors and do not necessarily reflect the official policy or position of FXStreet nor its advertisers.