Cryptocurrencies Price Prediction: Bitcoin, Cryptos & UniSwap – American Wrap 19 May
Fed Chair Powell says interest rates may not rise too much; Bitcoin price whiplashes around $27,000
The Federal Reserve chair Jerome Powell during his speech at the "Perspectives on Monetary Policy" panel before the Thomas Laubach Research Conference on May 19, shared his opinion on what is expected from the Fed going forward.
Bitcoin and Litecoin blockchains witnessed a massive spike in activity from the launch of BRC-20 and LRC-20 tokens. A similar rise in activity was observed on Dogecoin, resulting in blocks at near full capacity.
Uniswap (UNI) price is a bit of an outlier in terms of patterns against its competitors. Where, for example, Cronos is not showing any tangible signs of a rally, UNI is defining a nice bullish triangle that could bring at least a 5% gain alongside it. With great respect for the ascending trendline, bulls know what to do in order to scoop up those profits.
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FXStreet Team
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