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.
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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.
Source: CoinGecko
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)
Source – TradeSanta
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.
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Source: CoinGecko
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)
Source: Coingape.com
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.
Source: CoinGecko
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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.