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Cryptocurrencies Price Prediction: Solana, Bitcoin & Chainlink – American Wrap 05 September

Cryptocurrencies Price Prediction: Solana, Bitcoin & Chainlink – American Wrap 05 September
FXStreet TeamFXStreet TeamFXStreet

Solana price jumps 7% as Visa outlines plan to use SOL blockchain for USDC payments

Solana (SOL) price has stayed glued to monthly lows over the past week despite an influx of funds from institutional players reaching up to $700,000. This capital inflow and a steady rise in Total Value Locked (TVL) failed to catalyze an uptrend for SOL, but things seem to have changed following a recent announcement.
Bitcoin price is up 26% year-to-date. This rally likely originated on March 10 and is likely to continue in the next six to twelve months, former BitMEX CEO Arthur Hayes said Tuesday in  a speech at the Korea Blockchain Week,  according to a Cointelegraph report.
 
Chainlink price could trigger a rally on the daily and three-day time frame, while the outlook of the higher weekly time frame remains indecisive. Investors should pay attention to on-chain metrics that could show whales starting to buy the dip for the LINK token.
LINK/USDT 1-week, 3-day, 1-day chart
 

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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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Binance revokes SignalPlus API keys over potential security threat

Binance revokes SignalPlus API keys over potential security threat

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XRP gains ground as Ripple CEO says US crypto users aren’t going anywhere after midterms, calls for clear rules

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Top Altcoins Price Forecast: Ripple, Cardano and Solana extend post-midterms rally

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Top altcoins, including Ripple (XRP), Cardano (ADA), and Solana (SOL) are trading in the green on Thursday, extending a steady recovery so far this week, driven by the post-US midterms relief.

Bitcoin claims $80,500 as short liquidations mount

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Bitcoin: Binance security breach and hawkish Fed push BTC lower

Bitcoin: Binance security breach and hawkish Fed push BTC lower

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