Cryptocurrencies Price Prediction: Bitcoin & Axie Infinity — Asian Wrap

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Cryptocurrencies Price Prediction: Bitcoin & Axie Infinity — Asian Wrap

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Bitcoin (BTC) open interest outperformed the entire cryptocurrency market in August, amid hype relating to Bitcoin Spot Exchange-Traded Fund (ETF). The comparison follows a report by Bitfinex, noting that outflows reached $55 billion, with the liquidity crunch giving event-based volatility more influence on prices.

Axie Infinity price rise is evidence that any iota of optimism is serving as a motivation for investors to act bullish, given the condition of the crypto market. AXS holders rushed to stack up on the token, resulting in the cryptocurrency noting double-digit gains.

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