Cryptocurrencies Price Prediction: Bitcoin, Cryptos & NFP – American Wrap 02 April

Weekly recap: TRON expands to Ethereum, XRP social volume spikes, Credit Suisse-backed firm integrates Polygon

This week, Bitcoin and altcoins in the top 30 assets continued their decline. XRP decoupled from the rest of the altcoins and observed a rise in social volume. MATIC’s blockchain continues to bag partnerships and integrations with giants like Credit Suisse-backed Taurus. 

Bitcoin price struggles after hot US NFP data

Bitcoin price experienced a pullback after a mixed US NonFarm Payrolls report for May. While typically a hot job creation print doesn’t bode well for Bitcoin in the short term, slowing wage growth could make a difference and signal a recovery ahead.

China crypto community picks Ethereum, Arbitrum and BNB Chain as top protocols

Ethereum, Arbitrum and BNB Chain protocols are top picks for the Chinese crypto community, data from a report shows, a possible bullish catalyst for tokens related to these protocols as Hong Kong opens the door of crypto to retail investors. 
 

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