Crypto Heatwave: These 3 Digital Assets Are Breaking the Charts
Bitcoin smashes through resistance—again—as institutional money floods in. Meanwhile, Ethereum’s Shanghai upgrade quietly prints millionaires. And don’t sleep on Solana: the ’Ethereum killer’ just flipped three major chains in weekly volume.
Here’s what’s fueling the rallies—and why Wall Street’s ’blockchain experts’ are still scrambling to buy the dip two months late.
Cryptocurrencies Hold Steady
The crypto market is holding steady amid global uncertainties. The US has opened dialogue with several countries to negotiate new trade deals. The tariff pause may have boosted investor confidence.
Another bullish development for the cryptocurrency sector is the appointment of pro-Bitcoin individual Paul Atkins as the new SEC head. Atkins has said he wants to create clear crypto regulations in the US.
There is also a possibility that the Federal Reserve will cut interest rates very soon. A rate cut could lead to a surge in risky assets.
Top 3 Cryptocurrencies To Watch This Week
1. Ripple (XRP)
Ripple’s XRP token has seen another healthy rally over the last few days. There is a high probability that we will get an XRP ETF sometime this year. The popular cryptocurrency could climb to a new all-time high if an ETF is approved.
2. Solana (SOL)
SOL has made a remarkable recovery after its recent crash to sub-$1000 levels. The asset has shown incredible resilience over the last few years. The cryptocurrency’s price fell to below $10 in 2022 after the collapse of FTX. SOL has hit multiple all-time highs since its 2022 lows.
3. Dogecoin (DOGE)
DOGE has climbed over 11% in the weekly charts. The original memecoin may be on a recovery path right now. The cryptocurrency may be a good pick for your weekly watchlist.