The cryptocurrency market has experienced a significant rally over the past few days. On November 13, 2024, Bitcoin (BTC) hit an all-time high of $93,477.11. The rally was most likely triggered by Donald Trump’s victory in the U.S. presidential election. Investor sentiment may have improved due to Trump’s pro-business and pro-crypto stance. Market participants expect cryptocurrency regulations to be loose under Trump’s leadership.
Despite its amazing performance over the past few days, the cryptocurrency market appears to be facing a correction. The global cryptocurrency market cap has fallen by 4.5% over the past 24 hours and currently stands at $3.03 trillion. The decline could be due to investors taking profits after the recent surge.
With that said, let’s take a look at three crypto assets you can keep an eye on this weekend.
3 Cryptocurrencies to Watch This Weekend
1. Bitcoin (BTC)
BTC is the market leader, with other assets following closely behind. The recent market drop may also be led by BTC. If we enter another market-wide rally, BTC may be the first mover.
Many analysts expect the price of the original cryptocurrency to rise further. Standard Chartered Bank predicted in a report that the price of Bitcoin would reach $125,000 if Donald Trump wins the US presidential election. After Trump returned to the White House, the price of Bitcoin still did not reach $125,000.
2. Solana (SOL)
Source – Bitcoinist
SOL has reclaimed the $200 level for the first time since April. The asset has rebounded significantly since the FTX bankruptcy in November 2022.
Standard Chartered believes the fourth-largest cryptocurrency project will outperform BTC, Ethereum (ETH), and others under the Trump administration. The bank predicts SOL will rise by at least 400%.
3. Dogecoin (DOGE)
Dogecoin has outperformed many major crypto assets over the past few days. Dogecoin began to gain attention after Elon Musk was appointed as the head of the new government efficiency department. (Dogecoin).
DOGE will likely continue to climb higher in the coming days and may even hit new all-time highs soon.
The cryptocurrency world has always been a process of survival of the fittest and elimination of the weak! If you don’t want to be eliminated, you must make changes!
Every penny you earn is the manifestation of your understanding of the world; every penny you lose is caused by your cognitive defects. The greatest fairness in this world is that when a person's wealth is greater than his or her own cognition, this society will have 100 ways to harvest you! ! Until your cognition and wealth match each other.
Waiting for a bull market is the most tiring thing!
But if you wait until then, you will know what it means to have sweet things after bitterness. Don’t leave the market, the hard times are coming to an end, and the violent bull market is coming!
