Top 3 Cryptocurrencies To Watch This Weekend
The cryptocurrency market continues its lackluster performance. Bitcoin (BTC) is inching closer to falling below $97,000. The global crypto market cap has dipped 3.1% in the last 24 hours to $3.29 trillion.
Also Read: What is Cryptocurrency (for Dummies) ?
Cryptocurrency Market Continues Its Downward Momentum
The crypto market faced a steep correction over the last weekend. The weekend dip was likely due to the US imposing additional tariffs on Canada and Mexico. The taxes are an attempt to battle trade deficits and illegal border crossings.
The market recovered on Tuesday after the US paused tariffs for 30 days. Major cryptocurrencies made slight gains after the development.
Also Read: META CEO Sells $30M in the Stock at 52-Week High: But Why?
Despite a pro-cryptocurrency administration in the US, investor sentiment remains stagnant. Macroeconomic factors also present a barrier to the crypto market.
Top 3 Cryptocurrencies To Watch This Weekend
1. Bitcoin (BTC):
BTC faces significant resistance at the $98,000 level. BTC’s trajectory could change very soon. Trump Media and Technology Group announced on Feb. 6, 2025, that they will launch a “Bitcoin Plus” ETF. The move could lead to significant interest in BTC. The original cryptocurrency could experience a substantial price spike soon.
2. XRP:
Ripple’s XRP token has also faced a significant price dip over the last few days. The low prices make the cryptocurrency an attractive buy for new investors. There is a possibility that the SEC will approve an XRP ETH this year. If an XRP ETF is approved, the underlying asset could experience a price rally.
3. Dogecoin (DOGE):
Also Read: Tesla (TSLA) Stock Will be Driven by This Key Product in 2025
DOGE is another popular cryptocurrency that is trading at very low prices. The popular cryptocurrency could witness a surge sometime this year. There is a lot of talk about DOGE being included in X’s payment feature. If the social media platform enables DOGE payments, the asset could witness a massive price spike.
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Top 3 Cryptocurrencies To Watch This Weekend
The cryptocurrency market continues its lackluster performance. Bitcoin (BTC) is inching closer to falling below $97,000. The global crypto market cap has dipped 3.1% in the last 24 hours to $3.29 trillion.
Also Read: What is Cryptocurrency (for Dummies) ?
Cryptocurrency Market Continues Its Downward Momentum
The crypto market faced a steep correction over the last weekend. The weekend dip was likely due to the US imposing additional tariffs on Canada and Mexico. The taxes are an attempt to battle trade deficits and illegal border crossings.
The market recovered on Tuesday after the US paused tariffs for 30 days. Major cryptocurrencies made slight gains after the development.
Also Read: META CEO Sells $30M in the Stock at 52-Week High: But Why?
Despite a pro-cryptocurrency administration in the US, investor sentiment remains stagnant. Macroeconomic factors also present a barrier to the crypto market.
Top 3 Cryptocurrencies To Watch This Weekend
1. Bitcoin (BTC):
BTC faces significant resistance at the $98,000 level. BTC’s trajectory could change very soon. Trump Media and Technology Group announced on Feb. 6, 2025, that they will launch a “Bitcoin Plus” ETF. The move could lead to significant interest in BTC. The original cryptocurrency could experience a substantial price spike soon.
2. XRP:
Ripple’s XRP token has also faced a significant price dip over the last few days. The low prices make the cryptocurrency an attractive buy for new investors. There is a possibility that the SEC will approve an XRP ETH this year. If an XRP ETF is approved, the underlying asset could experience a price rally.
3. Dogecoin (DOGE):
Also Read: Tesla (TSLA) Stock Will be Driven by This Key Product in 2025
DOGE is another popular cryptocurrency that is trading at very low prices. The popular cryptocurrency could witness a surge sometime this year. There is a lot of talk about DOGE being included in X’s payment feature. If the social media platform enables DOGE payments, the asset could witness a massive price spike.
Read More
US Stablecoin Laws Push EU To Speed Up Digital Euro