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Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & AI Tokens — Asian Wrap 16 May

Cryptocurrencies Price Prediction: Dogecoin, Bitcoin & AI Tokens — Asian Wrap 16 May
FXStreet TeamFXStreet TeamFXStreet

Dogecoin Price Prediction: DOGE’s 15% upside potential hinges on Bitcoin  holding above $65K

Dogecoin (DOGE) price is trading with a bullish bias, leading meme coins north as sector bulls resurface. This show of hand comes after Bitcoin (BTC) price broke past the $65,000 threshold and could extend if the pioneer cryptocurrency holds above this level.

Bitcoin Price Outlook: Will CPI report showing inflation eased in April push BTC to $70K?

Bitcoin (BTC) price jumped by 5% on Wednesday,  seeing the American session outperform the Asian session for the first time in a while. Tailwinds sprouted fron US inflation release. 

AI tokens see heavy gains following crypto market recovery

Following the crypto market recovery after the release of the US CPI data, AI tokens posted huge gains on Wednesday. Several factors may be the reason for renewed investor interest in these tokens.

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