Weekly Top 5 Cryptos To Watch – XRP, BNB, DOGE, LTC, ADA
The post Weekly Top 5 Cryptos To Watch – XRP, BNB, DOGE, LTC, ADA appeared on BitcoinEthereumNews.com. The cryptocurrency market, including Bitcoin, Ethereum, and other altcoins, continues to face uncertainty as inflation and war threaten the financial market. There has been speculation of the market suffering a longer bearish run if such war continues to rise in other parts of the world. Recently, the war between Russia and Ukraine has demonstrated the power of cryptocurrency as a force for good to assist many in areas affected, with the emerging rise of war in other parts of the world, like the Israel-Hamas conflict. Due to risk sentiments, there are so many uncertainties surrounding Bitcoin (BTC). Despite much uncertainty, Bitcoin (BTC) and other cryptocurrencies remain a haven for many traders and investors as there is still much-untapped potential from the cryptocurrency market. Another big concern for traders, investors, and institutions has been the issue of the Bitcoin ETF that is yet to be approved by the United States Security and Exchange Commission (US SEC). The SEC faces a deadline to appeal the court’s decision that rules Bitcoin’s ETF in favor of Grayscale investment. – Advertisement – There is high speculation of a spot Bitcoin ETF being approved next year, which could be a big boost for Bitcoin and the cryptocurrency market ahead of its halving in 2024. The heat map from Coin360 indicates the cryptocurrency market is holding pretty well despite so many uncertainties surrounding the cryptocurrency market as Bitcoin (BTC), Ethereum (ETH), and the weekly top 5 cryptos (XRP, BNB, DOGE, LTC, ADA) continue to hold above key levels. On-chain analysis from Coinbase suggests a trading volume of over 50% drop in trading activities for Bitcoin as the price has been trading between $26,000 to $28,000 for months. While Bitcoin price breakout to either the upside or downside remains uncertain on higher timeframes, this has remained an area…
The post Weekly Top 5 Cryptos To Watch – XRP, BNB, DOGE, LTC, ADA appeared on BitcoinEthereumNews.com.
The cryptocurrency market, including Bitcoin, Ethereum, and other altcoins, continues to face uncertainty as inflation and war threaten the financial market. There has been speculation of the market suffering a longer bearish run if such war continues to rise in other parts of the world. Recently, the war between Russia and Ukraine has demonstrated the power of cryptocurrency as a force for good to assist many in areas affected, with the emerging rise of war in other parts of the world, like the Israel-Hamas conflict. Due to risk sentiments, there are so many uncertainties surrounding Bitcoin (BTC). Despite much uncertainty, Bitcoin (BTC) and other cryptocurrencies remain a haven for many traders and investors as there is still much-untapped potential from the cryptocurrency market. Another big concern for traders, investors, and institutions has been the issue of the Bitcoin ETF that is yet to be approved by the United States Security and Exchange Commission (US SEC). The SEC faces a deadline to appeal the court’s decision that rules Bitcoin’s ETF in favor of Grayscale investment. – Advertisement – There is high speculation of a spot Bitcoin ETF being approved next year, which could be a big boost for Bitcoin and the cryptocurrency market ahead of its halving in 2024. The heat map from Coin360 indicates the cryptocurrency market is holding pretty well despite so many uncertainties surrounding the cryptocurrency market as Bitcoin (BTC), Ethereum (ETH), and the weekly top 5 cryptos (XRP, BNB, DOGE, LTC, ADA) continue to hold above key levels. On-chain analysis from Coinbase suggests a trading volume of over 50% drop in trading activities for Bitcoin as the price has been trading between $26,000 to $28,000 for months. While Bitcoin price breakout to either the upside or downside remains uncertain on higher timeframes, this has remained an area…
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