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Cryptocurrencies Price Prediction: Render, Bitcoin & Solana – American Wrap 13 February

Cryptocurrencies Price Prediction: Render, Bitcoin & Solana – American Wrap 13 February
FXStreet TeamFXStreet TeamFXStreet

Render price could climb 10% as RNDR bulls show resolve

Render (RNDR) price is trading with a bullish bias, having sustained above an ascending trendline since breaking consolidation around late September.
Bitcoin (BTC) price has shown weakness after the US CPI inflation data put out hopes for a possible interest rate cut in the near term. 

Solana’s SOL led the pack among crypto majors as bitcoin (BTC) briefly crossed the $50,000 mark late Monday, sparking renewed bullish sentiment among traders.

SOL jumped 8%, while ether (ETH) rose 6.6% as bitcoin saw buying pressure after the New York market opened on Monday. Avalanche’s AVAX spiked 6%, while BNB Coin (BNB) and Cardano’s ADA rose a relatively lesser 3%.

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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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