Cryptocurrencies Price Prediction: Optimism, Bitcoin & Coin — Asian Wrap 22 August

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Cryptocurrencies Price Prediction: Optimism, Bitcoin & Coin — Asian Wrap 22 August
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Optimism (OP) and Arbitrum (ARB) tokens are the leading contenders in the Ethereum Layer-2 wars, with their total value bridged and the number of dail

y users showing a close race. While some distinguishing dynamics are here, other metrics on both networks have pointed to close similarity, explaining why these two ETH L2 tokens have often been mentioned together.

Bitcoin price could continue south, and take most altcoins with it. Ethereum is first in line, poised to incur the same fate due to its close correlation with BTC. Meanwhile, Ripple price remains at the mercy of the US Securities and Exchange Commission as the Ripple vs SEC case continues. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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