Cryptocurrencies Price Prediction: Bitcoin, UniSwap & Terra– American Wrap 22 February
Bitcoin price at $23,800, makes no major move after FOMC minutes
The minutes of the Federal Open Market Committee (FOMC) meeting from January 31 to February 1 were released with rather bearish expectations. However, the minutes failed to provide cues on whether the Federal Reserve will opt for a 50 bps or a 25 bps rate hike at the next meeting and reiterated that the decisions would depend on incoming data and their implications for the outlook for economic activity and inflation.
Uniswap price shows a sudden change of market behavior, likely leading to a strong move south. Traders should race themselves and consider how to manage their risk while engaging in an unconfirmed downtrend.
A brief technical and on-chain analysis on Terra classic price. Here, FXStreet's analysts evaluate where LUNC could be heading next. Please, subscribe to our YouTube channel, follow us on Twitter @FXScrypto and join our Telegram channel.
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