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Cryptocurrencies Price Prediction: Compound, Bitcoin & Lido — Asian Wrap 27 July

Cryptocurrencies Price Prediction: Compound, Bitcoin & Lido — Asian Wrap 27 July
FXStreet TeamFXStreet TeamFXStreet

Compound price rally boosts COMP demand; nearly eclipses Stellar and Bitcoin Cash

Compound price action over the past couple of days has made its investors a very happy bunch. With every passing day, the demand for the altcoin can be seen rising to an extent where it is just shy of defeating top cryptocurrencies in this regard.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC falls back to regular programming post-FOMC

Bitcoin (BTC) price found another support following the Federal Open Market Committee (FOMC) meeting to tip north despite a lack of volatility. The sentiment is shared for Ethereum (ETH) and Ripple (XRP) prices, flashing green with lean margins. The meager surges come as Fed Chairman Jerome Powell committed to a data-dependent approach to interest rate hikes. Despite a sell-off in the US Dollar, Bitcoin price remains rangebound, with little volatility post-FOMC.

LDO price falls 6% as Lido Finance members push for dual governance model

Lido DAO (LDO) price is on a load-shedding exercise after the July 13 rally fueled by Ripple's win against the US Securities and Exchange Commission (SEC). The slump comes as the Lido Finance community deliberates a proposal intended to introduce a new tokenomics structure.

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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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