📈 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. 🚀