📈 Top Cryptocurrencies to Watch This Week: BTC, SOL, AVAX 📉
🔍 By Wahid Pessarlay | Edited by Anthony Patrick | Published: February 11, 2024, 1:41 pm
💡 The crypto market saw a remarkable surge this week, with the global market cap rising by 11% to hit $1.82 trillion. Bitcoin (BTC) led the charge, supported by notable performances from Solana (SOL) and Avalanche (AVAX).
🔥 Here's a roundup of the top cryptocurrencies to keep an eye on from the past seven days:
1. Bitcoin (BTC):
- BTC saw a resurgence, breaking key resistance levels and recording six consecutive days of intraday gains.
- Trade volume spiked significantly, indicating growing market interest and strength.
- Starting the week at $42,568, BTC now trades at $48,163, marking a 13% surge for the week and adding $108.4 billion to its market cap.
2. Solana (SOL):
- SOL experienced a bullish rally, overcoming challenges including a network outage.
- Despite setbacks, SOL surged past the $106 resistance level, reaching $109.44.
- Up 14.6% for the week, SOL aims to conquer the $110 price level.
3. Avalanche (AVAX):
- AVAX started the week with mild losses but quickly rebounded, reclaiming the $35 psychological price level.
- With multiple gains, AVAX reached $40.2, targeting the yearly high of $43.47.
- AVAX seeks to reignite bullish momentum to push towards the $43 resistance level.
📊 Keep an eye on these cryptocurrencies as they continue to showcase promising price movements and potential opportunities for investors in the week ahead. 🚀