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Cryptocurrencies Price Prediction: Bitcoin, Lido DAO & Maker — Asian Wrap 02 August

Cryptocurrencies Price Prediction: Bitcoin, Lido DAO & Maker — Asian Wrap 02 August
FXStreet TeamFXStreet TeamFXStreet

Bitcoin price spikes as MicroStrategy’s Saylor may increase BTC holdings after $750 million stock sale

Bitcoin (BTC) price has made a commendable move in the lower timeframe, rising despite the overall lack of volatility. With a little push from software developer firm MicroStrategy, the flagship crypto has reclaimed levels last seen around July 24.

Investors drop 50 million LDO in three weeks as faith tumbles due to lack of Lido DAO price recovery

Lido DAO price has been on a downtrend since mid-July and is potentially going to continue down that path. While the broader market bearishness is one of the reasons behind this bearishness, the decline in support from core investors is another major one.

MKR holders become 115% richer in six weeks as Maker price rally continues

Maker price has been on the rise consistently for the past few weeks, and the same is being reflected in the investors’ holdings. The price rise, in turn, is being supported by investors who are bullish and accumulating large amounts of cryptocurrency. This makes the altcoin relatively safer from a sudden decline.

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FXStreet Team

Composed of a group of economic journalists and FX experts, the FXStreet content team produces and oversees all content published on FXStreet. It provides a purely journalistic approach to the Forex market.

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