Cryptocurrencies Price Prediction: Bonk, Bitcoin & Optimism — Asian Wrap 14 December
|BONK price rallies 30% in a day as Coinbase announces potential listing of the meme coin
BONK price, in an interesting turn of events, had a bullish day as the Solana-based meme coin found support from the world’s second-largest cryptocurrency exchange, Coinbase. The meme coin is now set to gain support from the platform and could potentially be listed if it reaches a significant number of traders.
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC eyes $45,000 as FOMC minutes spur volatility
Bitcoin (BTC) price recorded increased volatility during the afternoon hours of the New York session. This spilled over to altcoins, with Ethereum (ETH) and Ripple (XRP) prices showing strength alongside the king of cryptocurrency. It came after the Federal Open Market Committee (FOMC) minutes with Fed chair Jerome Powell hinting at more rate cuts than he did previously. Specifically, the markets moved as the 1-year interest rate outlook fell from 5.1% to 4.6%.
Optimism price volatility rises, eyes 20% gain as Coinbase launches OP for futures trading
Optimism (OP) price is a clear outperformer in the list of Layer 2 (L2) tokens rallying, standing 91% up since the market turned bullish, while its peer, Arbitrum (ARB), is up only 49%. It comes after OP featured in the altcoin bull cycle 2023 picks by analysts, as FXStreet reported.
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