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Cryptocurrencies Price Prediction: ImmutableX, Optimism & Bitcoin — Asian Wrap 21 September

Cryptocurrencies Price Prediction: ImmutableX, Optimism & Bitcoin — Asian Wrap 21 September
FXStreet TeamFXStreet TeamFXStreet

ImmutableX price rallies by 40% in 24 hours, but whale activity remains weak

ImmutableX price rise astonished the market as the altcoin led the crypto market rally on Tuesday. The altcoin hit a 45-day high and, in the process, managed to flip many of the resistance levels into support floors. The reason behind the rally, however, is presently unknown, but the whales seem to be active once again.

IMX/USD 1-day chart

Optimism price outlook as network sells 116 million OP tokens

Optimism (OP) network has revealed plans to start selling 116 million OP tokens in a private sale immediately. At current rates, these tokens are valued at approximately $162.4 million but the transfer is not expected to impact market price. 

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC contradicts expectations as Fed holds interest rates

Bitcoin (BTC) price has contravened expectations following the US Federal Open Market Committee (FOMC) meeting. With investors watching the clock, it had been anticipated that a rate pause would spur optimism among investors and kickstart a rally. The Fed interest rate decision has not inspired volatility for BTC despite the history of macroeconomic factors influencing risk assets like crypto. 

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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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