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Cryptocurrencies Price Prediction: Polkadot, AVAX & Chainlink – American Wrap 03 May

FXStreet Team FXStreet

Chainlink price volatility drops, bringing transactions to 2020 lows, whales resort to dumping

Chainlink price, after days of sideways movement, failed to initiate a recovery, reinforcing the bearish outlook of its large wallet holders. Most of the investors are going back to being inactive, which in turn is having a drastic impact on the on-chain transactions.

AVAX price on trajectory to snowball 15% lower as pivotal level comes into view

Avalanche (AVAX) price is sliding again on Wednesday as big brother Bitcoin loses ground this time. The sell-off in Bitcoin weighs on all its siblings, cousins and nephews in the crypto and altcoin space. Avalanche price is nearing a very important supportive area at $16, which is the last barrier between now and a 15% decline that would have AVAX valued sub-$15.

Polkadot is treading water and is about to sink another 10%

Polkadot (DOT) price is a bit of an outlier this Wednesday, while several other crypto and altcoins are showing a small turnaround with a bullish undertone. DOT is not showing any of that after bears breached the dams and flooded the area around $5.75. Price action quickly sank lower and is heading toward $5.30 with no real support to be found along the way.

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Starknet unveils strkBTC, shielded Bitcoin transactions on Ethereum Layer 2

Starknet, the Ethereum Layer 2 network developed by StarkWare, today announced strkBTC, a wrapped Bitcoin asset that introduces optional shielding while preserving full DeFi composability.

Bitcoin, Ethereum, and Ripple consolidate with short-term cautious bullish bias

Bitcoin, Ethereum and Ripple are consolidating near key technical areas on Friday, showing mild signs of stabilization after recent volatility. BTC holds above $67,000 despite mild losses so far this week, while ETH hovers around $2,000 after a rejection near its upper consolidation boundary.

Ethereum Price Forecast: FG Nexus continues distribution amid signs of returning risk-on sentiment

FG Nexus, once dubbed an Ethereum treasury firm, resumed offloading the top altcoin on Wednesday, distributing 7,550 ETH, according to data from smart money tracker EmberCN.

Top Crypto Gainers: Stable and Decred rally, Pippin approaches record highs

Altcoins, such as Stable, Decred, and Pippin, are extending gains so far this week, defying the risk-averse conditions in the broader cryptocurrency market. Stable and Pippin are near record high levels, while Decred extends its breakout rally above $30.

Bitcoin Price Annual Forecast: BTC holds long-term bullish structure heading into 2026

Bitcoin (BTC) is wrapping up 2025 as one of its most eventful years, defined by unprecedented institutional participation, major regulatory developments, and extreme price volatility.

Bitcoin: Another month of losses, and it’s been five

Bitcoin (BTC) price is stabilizing around $68,000 at the time of writing on Friday, but the Crypto King is poised to close February on a fragile footing, marking its fifth consecutive month of losses since October and a rare start to the year with back-to-back monthly corrections.