The cryptocurrency market briefly recovered over the weekend but then fell again. Bitcoin (BTC) recovered to the $60,000 level on Sunday but fell to $58,000 today, down 2.3% on the daily chart. The global cryptocurrency market capitalization fell 4% in the past 24 hours to $2.13 trillion.
With prices low, now could be a good time for investors to add to their holdings. Let’s take a look at three assets to add to your watch list this week.
Top 3 Cryptocurrencies to Watch This Week
1. Solana (SUN)
SOL is a popular cryptocurrency that has grown significantly over the last few years. However, the asset has fallen by 4.3% in the last 24 hours. With the price low, now may be a good time to invest in SOL.
Many analysts expect the SOL ETF to be launched in the future, a development that could significantly boost the cryptocurrency’s price.
2. Cardano (ADA)
Cardano (ADA) is one of the most actively developed cryptocurrency projects. The asset has struggled to gain momentum over the past few years, dropping 4.8% in the past 24 hours.
ADA is a project in active development, making it a solid addition to any portfolio. The low price makes it an attractive entry point for new investors and a good way for older investors to increase their holdings and lower their average costs.
3. Chainlink (LINK)
LINK is another cryptocurrency that has seen a sharp drop in price over the past 24 hours. On the daily chart, LINK is down 5.2% and trading just above $10.
LINK is another popular project with a bright future ahead of it. The next bull market may see this asset reach new heights.
