Cryptocurrencies Price Prediction: Polygon, Chainlink & Bitcoin – American Wrap 03 September
|Bitcoin Weekly Forecast: BTC struggles with $50,000, but few mainstream investors remain doubtful
Bitcoin price has been in a choppy phase since its first attempt to breach $50,000 on August 23 failed. The subsequent attempts seem to briefly slice through this barrier but fail to sustain above it.
Analysts believe Polygon entered new bull run that pushes MATIC price to $2.56
As transaction fees on Ethereum continue to rise, layer-two scaling solution Polygon(MATIC) has become increasingly relevant. MATIC’s relative social and market activity has increased since Coinbase’s integration announcement.
Chainlink VRF integration to allow NFT airdrops, while LINK price eyes 100% advance
Chainlink price has been in a consolidative phase while the rest of its counterparts have already rallied higher and some even set up new all-time highs. However, the recent breakout has opened the path for a bullish explosive uptrend to originate.
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