The crypto market is heating up, with several assets showing strong potential. Here’s a snapshot of this week’s top performers:
- Bitcoin (BTC): Bitcoin nears the $100,000 milestone, trading at $96,000 despite a 2% weekly dip. Renewed interest in Bitcoin ETFs has reignited market enthusiasm, keeping traders optimistic about a potential breakthrough to six figures in the coming days.
- XRP (XRP): XRP surged to $2.44, its highest since May 2021, fueled by speculation around an XRP ETF. WisdomTree’s recent filing and Ripple’s investment in a European XRP fund have further boosted momentum, with a 69% weekly gain.
- Shiba Inu (SHIB): The popular memecoin climbed 13% in the past week, trading at $0.00002921. Its rally has catapulted SHIB into the top 10 cryptocurrencies by market capitalization.
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- Chainlink (LINK): Trading at $21.37, LINK saw a 20% weekly jump. Its partnership with the World Liberty Financial project highlights its expanding role in decentralized finance (DeFi).
- Hedera (HBAR): HBAR continues its upward trend, trading higher amid news of an ETF filing by Canary Capital. This development could streamline investor access to the cryptocurrency, driving optimism in the market.
Stay tuned as these cryptocurrencies navigate a promising week ahead!
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