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Cryptocurrencies Price Prediction: Chainlink, Uniswap & Bitcoin — Asian Wrap 31 August

Cryptocurrencies Price Prediction: Chainlink, Uniswap & Bitcoin — Asian Wrap 31 August
FXStreet TeamFXStreet TeamFXStreet

Chainlink price falls 5% as LINK airdrop starts, available for Ethereum Layer-2 users

Chainlink (LINK) price is trading with a bearish inclination, having lost all the ground covered during the August 29 rally that was fueled by the Grayscale asset manager’s resounding victory in its longstanding case against the US Securities and Exchange Commission (SEC).

Uniswap whales rack up UNI dumped by large wallet holders as Uniswap price tests key level

Uniswap price has been finding difficulty in recovering the losses it witnessed over the past four weeks, and by the looks of it, some investors are losing confidence in the asset as well. However, the whale addresses clearly are not giving up on the DeFi token, pushing onwards by balancing the skepticism from other investors.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: Investors resort to small collections amid dull markets

After prolonged consolidation, the market found impulse when Grayscale secured a victory against the US Securities and Exchange Commission (SEC). Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices rallied, along with the broader market. It did not take long, however, before traders started cashing in on these gains to quench their profit appetite after a longstanding "inactionable" market characterized by shrinking volatility. 

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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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Crypto Today: Bitcoin, Ethereum, XRP recovery slows amid incessant capital outflows

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Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Experts agree: Bitcoin nears bottom, but weak demand raises doubts

Bitcoin (BTC) is trading above $63,000 at the time of writing on Friday after rebounding from the key 200-week Simple Moving Average (SMA) near $62,000, a level widely viewed as key long-term support. The recovery may suggest that Bitcoin has found a floor after a sharp correction that spanned more than a month, but some warning signs persist.