The cryptocurrency market is slowly regaining its previous momentum. Bitcoin (BTC) has regained its price range of $97,000. Global crypto market capitalization rose to $3.12 trillion. The market appears to have recovered losses from the recent crash.
Cryptocurrency continues to grow
The recent crypto market crash has probably been due to President Trump’s tariff riot. The market began to recover after Trump suspends tariffs for 90 days. Bitcoin (BTC) is approaching regaining the $100,000 mark.
Other bullish developments may have helped the cryptocurrency market recover. The SEC has appointed Pro-BTC candidate Paul Atkins as head. With a crypto-friendly administration in power, we may witness a bullish market environment in the coming years.
It is also possible that the Federal Reserve will soon announce interest rate cuts. Inflation in the US is lower than expected. Interest rate cuts could lead to a surge in cryptocurrency investments.
Top 3 cryptocurrencies that could rise this weekend
1. Bitcoin (BTC)
BTC is the market leader. Other assets may not move unless BTC is collected. The original cryptocurrency is approaching the $100,000 mark. If the market continues to hold its momentum, BTC could reach $100,000 this weekend.
2. Ripple (XRP)
Ripple’s XRP token is another cryptocurrency that could gather next weekend. The asset has grown incredible over the last few months. SEC also has 10 active XRP ETF applications. ETFs can send assets to new history.
3. Solana (Sun)
Sol saw a massive price drop during the recent crash. The assets temporarily fell below $100. Sol then recovered in a healthy recovery. Cryptocurrency is currently facing resistance at the $150 mark. If Sol breaks beyond $150, it could rise to $200.
