The cryptocurrency market recovered briefly over the weekend but has since dipped again. Bitcoin (BTC) reclaimed the $60,000 mark on Sunday but has fallen back to $58,000 today, sliding 2.3% in the daily charts. The global crypto market cap has dipped 4% in the last 24 hours to $2.13 trillion.
With prices low, it could be a good time for investors to stack up on their holdings. Let’s look at three assets you should have on your watchlist this week.
Top 3 Cryptocurrencies To Watch This Week
1. Solana (SOL)
Source – ByteTree
SOL is a popular cryptocurrency that has grown tremendously over the last few years. However, the asset has fallen 4.3% in the last 24 hours. With prices low, it could be a good time to invest in SOL.
Many analysts anticipate an SOL ETF launching sometime in the future. This development could lead to a significant price surge for the cryptocurrency.
2. Cardano (ADA)
Cardano (ADA) is among the most developmentally active cryptocurrency projects. The asset has struggled to gain momentum over the last few years and has dipped 4.8% in the previous 24 hours.
Being a developmentally active project makes ADA a solid consideration for any portfolio. The low prices are an attractive entry point for new investors and a good way for older investors to increase their holdings and lower their average costs.
3. Chainlink (LINK)
LINK is another cryptocurrency that has experienced a steep price dip in the last 24 hours. In the daily charts, LINK is down by 5.2%, trading just above the $10 mark.
LINK is another popular project that has a bright future ahead of itself. We could see the asset reach new heights in the next bull run.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
