Top 3 Cryptocurrencies That Could Gain This Week

The cryptocurrency marketplace continues its lackluster performance. Bitcoin (BTC) has fallen to the $96,000 level and is inching person to the $95,000 terms point. The planetary crypto marketplace headdress has dipped 2.5% successful the past 24 hours to $3.33 trillion.

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New Bearish Developments Hurting The Cryptocurrency Market

Source: Watcher Guru

The latest dip could beryllium owed to Argentine President Javier Milei facing pump-and-dump accusations related to the Libra (LIBRA) token. The project’s marketplace headdress surged to $4.56 cardinal earlier plummeting astir 94%.

On the different broadside of the world, India’s Directorate of Enforcement (ED) seized $190 cardinal worthy of cryptocurrencies. The assets were connected to the fraudulent Bitconnect platform.

Both developments whitethorn person caused a spike successful capitalist worry. Macroeconomic factors whitethorn person besides added to the dip successful capitalist sentiment. Market participants whitethorn beryllium weary astir investing successful risky assets similar cryptocurrencies.

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Top 3 Cryptocurrencies That Could Gain This Week

1. Ripple (XRP)

Source: Bitcoin.com

Ripple’s XRP has rallied by 11.7% successful the play charts. The plus has made rather an content connected the cryptocurrency assemblage this year. XRP breached the $3 people earlier this twelvemonth for the archetypal clip successful astir 7 years. The plus could proceed its rally implicit the coming weeks.

2. Cardano (ADA)

Source: Cardano Feed

ADA has besides experienced rather a rally implicit the past week. The cryptocurrency is up by much than 16% successful the play charts. ADA is presently outperforming Bitcoin (BTC), Solana (SOL), and Ripple’s XRP, among others.

3. Litecoin (LTC)

Source: Webopedia

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LTC was among the best-performing cryptocurrencies successful the apical 100 projects past week. The asset’s terms surged aft Bloomberg ETF analysts said that the plus has a 90% accidental of getting an ETF this year. LTC has faced a correction successful the regular charts but is up treble digits successful the play charts.