The cryptocurrency marketplace continues its lackluster performance. Bitcoin (BTC) is trading astatine the $104,000. The planetary crypto marketplace headdress has dipped 1% successful the past 24 hours to $3.72 trillion. BTC’s Fear & Greed index is astatine “Extreme Greed,” but inflows look low.
Also Read: SEC Approves Bitcoin-Ethereum ETF—Crypto Jumps 12% with $100M Inflows!
The Cryptocurrency Market Continues To Move Sideways
The crypto marketplace continues to determination sideways. The lackluster show implicit the past fewer weeks could beryllium owed to larger macroeconomic factors. The Federal Reserve halted involvement complaint hikes but has not announced a complaint chopped yet. The Fed besides announced lone 2 involvement complaint cuts for 2025 alternatively of the expected three. The determination whitethorn person spooked investors distant from crypto assets.
The cryptocurrency marketplace could beryllium suffering owed to the US dollar gaining strength. Investors whitethorn beryllium flocking to safer assets alternatively of crypto.
Also Read: Shiba Inu Holders Demand a Solana Bridge: A Collaboration Underway?
Top 3 Cryptocurrencies To Watch This Weekend
1. Ripple (XRP)
XRP could acquisition a surge implicit the weekend. Grayscale precocious applied for a spot XRP ETF with the SEC. The fiscal instauration has joined the likes of Bitwise and WisdomTree, which has besides applied for an XRP ETF. The cryptocurrency could witnesser a surge successful capitalist sentiment owed to the filing.
2. Shiba Inu (SHIB)
SHIB is different fashionable cryptocurrency that could witnesser a terms emergence implicit the coming weekend. SHIB pb developer Shytoshi Kusama announced a caller concern for the SHIB ecosystem that could pb to a imaginable terms rally.
3. Official Trump (TRUMP)
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TRUMP is the authoritative cryptocurrency launched by US President Donald Trump. The plus faced a important correction implicit the past fewer weeks. There is simply a anticipation that the plus volition regain momentum successful the coming days. President Trump is rather bullish connected the crypto manufacture and his bullishness could trickle into a rally for TRUMP.