Cryptocurrencies Price Prediction: Cosmos, Lido & Bitcoin– American Wrap 3 February
|Cosmos Price Prediction: ATOM Rallies 10% this week and shows plans for more
Lido Dao (LDO) traders received a very cold shower after the US jobs report on Friday. Although already on Thursday, LDO received a firm rejection after spiking higher, bears seem to be taking over the steering wheel as the Relative Strength Index points to more downside. The risk is that a Federal Reserve (Fed) rate cut for later this year gets priced out, which would mean bad news for risk assets like cryptocurrencies, with a drop towards $1.7 in the projections for LDO.
Assessing the possibility of Bitcoin price crash to $20,000 after US NFP rises to 517,000
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