Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT

Top 5 cryptocurrencies to watch this week: BTC, FTT, XTZ, KCS, HNT


Bitcoin (BTC) is threatening to drop to its worst weekly close since December of 2020. The crypto markets are in are held firmly in a vice grip and the selling accelerated following a higher-than-expected inflation report from the United States on June 10. 

It is not only the crypto markets that are facing the brunt, even U.S. equities markets finished the week ending June 10 with sharp losses. Risky assets may remain volatile in the near term as traders await the outcome of the U.S. Federal Open Market Committee meeting on June 14 and June 15.

Crypto market data daily view. Source: Coin360

Trending: Bo Polny CONFIRMED: The First of 3 Dominoes Has Fallen, Here’s What Comes Next…

Bloomberg Intelligence senior commodities strategist Mike McGlone warned that if the stock markets continue to drop, then it will signal that most assets may have

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend