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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.
BTC/USD 1-day chart
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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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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