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Cryptocurrencies Price Prediction: Uniswap, Bitcoin & Ethereum – Asian Wrap 12 March

Uniswap plunges to 8-month low as traders offload holdings

Uniswap (UNI) price trades in the red on Wednesday at $5.84 after falling nearly 9% in the last two days. This downward trend is further supported by UNI’s Exchange Flow balance, which shows a positive spike. Moreover, Lookonchain data shows that on Wednesday, whale wallet deposited 2.25 UNI tokens worth $13.71 million into the Kraken exchange, likely to cut losses.

Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP volatility spike expected around US CPI release

Bitcoin (BTC) price hovers around $82,700 on Wednesday after recovering 5.52% the previous day. Ethereum (ETH) price shows weakness while Ripple (XRP) price shows signs of recovery as these coins expect volatility around the US Consumer Price Index (CPI) data release on Wednesday.

Ethereum Price Forecast: ETH eyes $2,200 resistance as Fidelity seeks ETH ETF staking approval

Ethereum (ETH) is up 3% on Tuesday following Cboe BZX's filing with the Securities & Exchange Commission (SEC) for Fidelity to permit staking within its spot Ethereum ETF.

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Bitcoin: Fed delivers, yet fails to impress BTC traders

Bitcoin (BTC) continues de trade within the recent consolidation phase, hovering around $92,000 at the time of writing on Friday, as investors digest the Federal Reserve’s (Fed) cautious December rate cut and its implications for risk assets.