Cryptocurrencies Price Prediction: MKR, Bitcoin & BASE – European Wrap 20 September

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Maker price has increased 16% over the past week, emerging as one of the best performing altcoins in the ecosystem. The Ethereum-based DeFi token is u

Maker price has increased 16% over the past week, emerging as one of the best performing altcoins in the ecosystem. The Ethereum-based DeFi token is used in the generation of the stablecoin DAI.

Bitcoin encountered resistance at $27.4K. Attempts to break above the 50-day moving average for the third day met strong resistance. All financial markets have taken a wait-and-see approach ahead of monetary policy decisions in the US, Switzerland, the UK, and Japan.BASE, Coinbase’s Layer 2 network chain, has launched an open source monitoring tool to help support the security of OP Stack and EVM-compatible chains.

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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