Top 3 Cryptocurrencies to Watch This Week for Big Moves
The post Top 3 Cryptocurrencies to Watch This Week for Big Moves appeared on BitcoinEthereumNews.com.
Bitcoin rebounds strongly to $95,500 after sharp market volatility, gaining over 10% last week and 2% recently. Ripple’s XRP and Solana surge with massive institutional investments, while Dogecoin shows signs of a major rally ahead. The crypto market tries to hold firm after the recent volatility in the market. Three weeks ago, the Bitcoin fall reached the $75,000 level amidst the sharp market crash. However, with the current price at $95,500, Bitcoin last week enjoyed a significant surge of over 10%. Still, the leading cryptocurrency has a 2% gain in the last 24 hours. Global economic tensions have impacted the broader crypto market, including new tariffs and trade wars. The U.S. is actively discussing the new trade consensus, as the imposed policies do not seem very effective. However, the markets still wait for the next moves from the U.S., as investors’ sentiments are fading until the government reaches final tariff policies. Another positive signal for the crypto industry is the Federal Reserve’s inclination to cut interest rates shortly. A reduction in rates would typically stimulate investment in riskier assets like cryptocurrencies, giving hope to traders and investors alike. Ripple Eyes a Breakthrough Amid ETF Momentum Ripple’s XRP has captured significant attention after posting a strong performance over recent days. Market speculation about the approval of an XRP exchange-traded fund (ETF) within 2025 is gaining ground. Approval could spark a strong price surge, possibly pushing XRP to new all-time highs. The recent launch of the Teucrium 2x Long Daily XRP ETF (XXRP) is already making waves. In just a few days, XXRP secured more than $42 million in assets, signaling institutional confidence. According to JPMorgan, spot crypto ETFs could attract inflows exceeding $8 billion in the first year. CoinShares’ latest data reinforces XRP’s rising momentum. Institutional investors poured $31.6 million into…
Filed under: News - @ April 28, 2025 10:22 pm