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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.

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