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Cryptocurrencies Price Prediction: Bitcoin, Ondo & AI Tokens — Asian Wrap 20 May

Cryptocurrencies Price Prediction: Bitcoin, Ondo & AI Tokens — Asian Wrap 20 May
FXStreet TeamFXStreet TeamFXStreet

Crypto analyst says Bitcoin bottom is very close, another correction in BTC likely

Bitcoin is trading above $67,000 on Sunday after securing support at $65,000. While BTC holds its gains steady, analysts evaluate the price trend of the largest asset by market capitalization and predict a deeper correction in Bitcoin. 

ONDO rallies 7% as exchange supply declines and social rises

ONDO, a DeFi token added 7% to its value on Saturday as the asset featured in higher number of discussions on social media platforms. Crypto intelligence tracker Santiment tracks the metric social dominance and helps identify the assets that are gaining traction among traders. 

AI tokens could really ahead of Nvidia earnings

Native cryptocurrencies of several blockchain projects using Artificial Intelligence (AI) could register gains in the coming week as the market prepares for NVIDIA earnings report. Render (RNDR) and Origintrail (TRAC) posted gains in the past 24 hours while other AI tokens in the top 20 assets ranked by market capitalization are hit by a correction. 

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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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