Cryptocurrencies Price Prediction: Chainlink, Shiba & Polygon– American Wrap 20 February

FXStreet Team FXStreet

This is how rising greed in the crypto market could trigger a 23% rally in Chainlink price

Chainlink price is reacting to Bitcoin’s rally, climbing the charts quickly to recover the losses the altcoin witnessed following FTX’s collapse.

As the crypto market faces regulation, companies like TMSN, DOT, and Polygon offer new solutions

Crypto projects like Ripple have battled with regulatory issues. However, newer crypto projects with regulatory-compliant, user-focused utilities like TMS Network (TMSN), Polygon (MATIC), and Polkadot (DOT) are taking over.

Here’s why Shiba Inu holders are bullish after Shytoshi Kusama’s update on Shibarium

Shiba Inu’s layer-2 scaling solution Shibarium’s beta launch is coming up as Shytoshi Kusama shared a progress update in his latest blog.

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FXStreet Team

FXStreet

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Crypto Today: Bitcoin, Ethereum, XRP trade under sustained selling pressure despite mild ETF inflows

Cryptocurrency prices remain under pressure as a risk-off mood persists on Friday, with Bitcoin consolidating its losses above $62,000. Altcoins, including Ethereum and Ripple, are extending their weakness, trading near lower support levels around $1,600 and $1.12, respectively.

Bitcoin Weekly Forecast: After the bloodbath, everyone looks at $60,000

Cardano hits five-year low even as Hoskinson clarifies "break" isn't an exit

Cardano price is down 10% at press time on Friday, extending losses over 30% so far this week amid Charles Hoskinson's clarification that "break" isn't an exit. A reactionary spike in on-chain activity and social chatter, reflecting a strength of community, but fails to absorb the price decline.

Arthur Hayes' “Holy Trinity” is dead: Exits Zcash after Orchard Pool exploit

Arthur Hayes dumped his entire Zcash holdings on Friday, a day after selling his HYPE and NEAR holdings. Zcash is down 13% so far on Friday, extending the 26% drop from the previous day.

Bitcoin: After the bloodbath, everyone looks at $60,000

Bitcoin (BTC) hovers above $62,000 at the time of writing on Friday, weighed down by growing risk-off sentiment due to persistent geopolitical tensions in the Middle East and sticky macroeconomic uncertainty. The institutional sell-off continued to wreak havoc on capital flows, with spot Bitcoin Exchange-Traded Funds (ETFs) recording billions in outflows.

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