The cryptocurrencies to watch this week showed huge potential during the previous intraweek session. They also recorded notable changes in value that may continue over the next five days. Before delving into these assets, let’s go over key events that took place during the previous seven-day period.
The crypto market started trading with its total value at $1.05 trillion. However, as trading conditions improved, it peaked at $1.07. While many argued that this was insignificant, the sector had a sharp decline a few days later.
It dropped to a low of $1.01 trillion and threatened to go lower. It recovered and closed the period under consideration at $1.06 trillion. Judging by the global cryptocurrency market cap, not much happened over the last seven days. However, this is false.
During this period, one of the top gainers was TWT. lIt surged by more than 22% and erased all of its previous losses. KCS also took the same path but failed to fully erase its losses as it gained 18% as opposed to the 19% drop it suffered.
On the other hand, assets like BTT are still grappling with the effects of an 11% drop in value during the previous intraweek session. It has not recovered from the bearish dominance that took over on Wednesday. This was due to a negative CPI release.
WIth a brief overview of what transpired during the previous seven-day period, let’s see what lies ahead for he next five days.
Top Three Cryptocurrencies to Watch
1. Bitcoin (BTC)
2. Solana (SOL)
3. OKB (OKB)
