The cryptocurrency market underwent a slight correction over the weekend, with the global market cap falling to $2.48 trillion. The correction could be due to high inflation numbers in the US and escalating global conflicts between Iran and Israel. <\/p>\n
However, we may witness a market rebound, with Bitcoins (BTC) halving right around the corner. Lets look at three crypto assets to watch this week. <\/p>\n
Bitcoin (BTC): <\/p>\n
Bitcoin (BTC) is the current market leader, and other assets are following in its footsteps. BTC has fallen 6.2% in the weekly charts, and its price hovers just over $65k. However, BTC will undergo its next halving cycle later this month. Many consider halvings bullish as they reduce the supply of an asset. There is a possibility that BTC will rebound from its current slump and reclaim its all-time high of $73,737, which it attained in March of this year. <\/p>\n
Also Read: Top 3 Cryptocurrencies That May Hit All-Time Highs In Q2 2024 <\/p>\n
Furthermore, if inflation in the US cools down, we may see a further price appreciation. The latest Iranian attack on Israel has further strained global economics. If the conflict comes to an end, the markets may recover faster. <\/p>\n
Toncoin (TON): <\/p>\n
While other assets faced a price correction, TON continued to rally. The cryptocurrency is up by 16.4% in the daily charts and nearly 31% in the weekly. TON has also overtaken Dogecoin (DOGE) as the 9th largest cryptocurrency by market cap. <\/p>\n
Also Read: Top 3 US Stocks To Watch in April 2024 <\/p>\n
TONs latest rally could be due to positive ecosystem news. The asset may continue to surge over the next few weeks, especially given BTCs halving later this month. <\/p>\n
dogwifhat (WIF): <\/p>\n
WIF is another cryptocurrency that witnessed a massive rally in the last 24 hours. The popular memecoin is up by 14.3% in the daily charts and 20.2% over the previous month. However, the cryptocurrency is down by 17.8% in the weekly charts and over 30% in the 14 day charts. <\/p>\n
According to CoinCodex, WIF will continue to rally over the next few weeks, hitting $5.48 on May 1, 2024. <\/p>\n
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Cryptocurrency: Top 3 Coins to Watch This Week - Watcher Guru<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" The cryptocurrency market underwent a slight correction over the weekend, with the global market cap falling to $2.48 trillion. The correction could be due to high inflation numbers in the US and escalating global conflicts between Iran and Israel. However, we may witness a market rebound, with Bitcoins (BTC) halving right around the corner Continue reading