Cryptocurrencies Price Prediction: Bitcoin, Cardano & APE – American Wrap 26 February
Bitcoin price's next move should manifest soon as MicroStrategy grows BTC portfolio to 193K tokens
Bitcoin (BTC) price is trading without directional bias, a status that has prevailed since February 12. This is despite technical indicators having a defined lean. The reluctance to sell comes as the BTC community counts down days to the miner halving, while the hesitance to buy comes on the back of an uncertain market with analysts forecasting a healthy correction.
Cardano price continued its decline on Monday. ADA price dropped nearly 3% in the past 24 hours. In a recent report by Alpha Quest, the protocol ranks in the top 10 blockchains that host dead coins.
The researchers consider an asset a dead coin if it has low liquidity, a deleted or inactive X account, down website or is delisted from aggregator CoinMarketCap.
APE price rallies nearly 8% as ApeCoin sees surge in activity
ApeCoin price rallied to $1.98, and yielded nearly 8% daily gains and nearly 14% weekly gains for holders. Notable developments in ApeCoin include the three active proposals in the ApeCoin DAO and the $26.05 million token unlock that occurred on February 17.
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