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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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XRP extends decline as CLARITY Act setback reinforces bearish outlook

XRP extends decline as CLARITY Act setback reinforces bearish outlook

Ripple (XRP) trades lower around $1.28 on Wednesday, as investors broadly assess the impact of the failed United States (US) Senate vote on the CLARITY Act and the upcoming Federal Reserve (Fed) monetary decision.

Crypto Today: Bitcoin, Ethereum, XRP face headwinds as Fed decision looms

Crypto Today: Bitcoin, Ethereum, XRP face headwinds as Fed decision looms

Cryptocurrency prices are broadly retreating on Wednesday, with Bitcoin holding near $75,000. Ethereum holds below the support-turned-resistance at $2,400 while remaining structurally resilient. Meanwhile, Ripple is trading lethargically below $1.30.

Circle launches Arc mainnet with Wall Street validators as CLARITY Act stalls

Circle launches Arc mainnet with Wall Street validators as CLARITY Act stalls

Circle has publicly launched the Arc mainnet on Wednesday, an EVM-compatible Layer 1 blockchain built for financial markets, stablecoin payments, and AI agentic economic activities.

Bitcoin weakens as CLARITY Act fails to advance ahead of Fed decision

Bitcoin weakens as CLARITY Act fails to advance ahead of Fed decision

Bitcoin remains under pressure, trading below $76,000 at the time of writing on Wednesday after falling over 3% the previous day and as the CLARITY Act failed to advance in the US Senate. Mixed institutional demand suggests caution amid heightened Middle East tensions.

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin: BTC retreats as macro headwinds grow

Bitcoin (BTC) remains under pressure, down over 4% this week and trading around $76,900 at the time of writing on Friday. Institutional demand shows signs of weakness as spot BTC Exchange Traded Funds (ETFs) are on track to end their three-week inflow streak, recording nearly $500 million in net outflows through Thursday.