Top 3 Cryptocurrencies To Watch This Week

The cryptocurrency marketplace has mislaid sizeable steam implicit the past fewer months. The markets person failed to determination contempt bullish developments successful the US. Bitcoin (BTC) fell beneath $99,000 aboriginal connected Monday, Jan. 27, 2025.

Also Read: Cardano (ADA) & Dogecoin (DOGE) Price Prediction For Early February 2025

Cryptocurrency Market Faces Major Correction

Source: Watcher Guru

The crypto manufacture had a drawstring of affirmative developments implicit the past fewer weeks. US President Donald Trump signed an enforcement order to found a integer plus stockpile. Trump has besides acceptable up a crypto task unit to acceptable up a wide integer plus framework. Despite the bullish developments, the cryptocurrency marketplace has failed to make steam.

The existent cryptocurrency marketplace dip is apt owed to larger macroeconomic trends. The US dollar is strengthening and investors are moving to safer assets. Inflation successful the US roseate to 2.7%. The Federal Reserve took a hawkish stance with its monetary argumentation to combat rising inflation.

Also Read: What is simply a Liquidity Pool?

Top 3 Cryptocurrencies To Watch This Week

1. Ripple (XRP)

Source: CoinPedia

Ripple’s XRP token had rather a beardown signifier recently. The cryptocurrency deed $3 for the archetypal clip successful 7 years. XRP has dipped beneath $3 successful the latest marketplace dip. It could beryllium to beryllium a bully clip to bargain the plus arsenic it could emergence successful terms implicit the adjacent fewer months.

2. Solana (SOL)

Source: Cwallet

SOL is different cryptocurrency that could emergence implicit the adjacent fewer months. The SOL web has witnessed unthinkable maturation implicit the past year. The fig of projects built connected the SOL web is lone expected to increase.

Also Read: Shiba Inu Has Bullish Signal Emerge: 18% Rally Ahead for SHIB?

3. Official Trump (TRUMP)

Source: Bitcoinist

US President Donald Trump launched his authoritative cryptocurrency, TRUMP, earlier this month. The plus has faced a steep correction precocious but could prime up steam erstwhile the marketplace gains traction.