BTT is one of the top gainers over the last 24 hours. The token is seeing a lot of activity at the time of writing as it is experiencing corrections after it tested a critical resistance. Nonetheless, the increase in the asset’s market cap also makes the less than 2% increase the global cryptocurrency market has seen over the last 24 hours.
A look at what transpired during the previous week suggests that it was of the most bullish periods for the sector under consideration. Trading started with the industry’s valuation at $1.15 trillion. During the first day of the intraweek session, it saw one of its biggest surges as most cryptocurrencies registered significant increases.
It rose to a high of $1.27 trillion as trading continued. Although there were moments of small downtrends, these barely had any impact on the global cryptocurrency. On Sunday, the market revisited the high and closed at it. This signifies an almost 9% increase in the end.
One of the main news reports that rocked the sector during this period was the announcement by the U.S. Securities and Exchanges Commission that it would not apply against Grayscale filing for a Bitcoin ETF. This increased anticipation for the approval of this trading instrument.
With the thrill of this event slowly dying, the crypto market is back to a cycle of waiting for a trigger. Let’s see how some assets may perform this week.
The post Top Three Cryptocurrencies to Watch This Week: BTC, GALA, BTT appeared first on Coinfomania.
