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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, BCH, XLM, LINK

imageCryptocurrency7 hours ago (Jun 29, 2020 04:40PM ET)

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, BCH, XLM, LINK

Coronavirus cases across the globe topped 10 million today and the number of new cases in the U.S. has risen to new records in the past few days. This has put the economic revival in jeopardy as equities markets could face selling pressure. Meanwhile, safe haven assets like gold continue to perform well.

Earlier this week Bloomberg analyst Mike McGlone said that the drop in Bitcoin’s (BTC) volatility has resulted in tightening of the Bollinger Bands, a popular technical analysis indicator used by many traders. McGlone expects that the top-ranked cryptocurrency on CoinMarketCap to eventually rally to $13,000 if it stays above the $6,500 support.

Continue Reading on Coin Telegraph

Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, BCH, XLM, LINK

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