The cryptocurrency market seems to be undergoing a slight correction right now. Bitcoin (BTC) has fallen to the $64,000 level after almost touching $66,000 on July 17, 2024. The global crypto market cap has also dipped 1.5% in 24 hours and currently sits at $2.48 trillion. Other major assets follow BTC’s trajectory, facing slight corrections in the daily charts.
With that in consideration, let’s look at three crypto assets you could watch this weekend.
Top 3 cryptocurrencies to watch this weekend
Ethereum:
Ethereum (ETH) has witnessed a 2.2% correction in the daily charts, but the asset is up by 10.6% in the weekly chart and by 6.5% in the last two weeks.
Also Read: Top 3 Cryptocurrencies That Could Hit ATH Post Ethereum ETF
There is a possibility that an Ethereum ETF will make a debut sometime this month. Bloomberg analysts anticipate an ETH ETF by July 18, 2024. If an ETH ETF makes an appearance, we may witness a significant price surge for the second-largest cryptocurrency, similar to the BTC ETF launch earlier this year.
Popcat:
Popcat (POPCAT) has emerged as a top crypto performer over the last few weeks. The memecoin has rallied by 75.4% in the weekly charts, nearly 70% in the 14-day charts, and more than 219% over the previous month. The asset had briefly entered the top 100 projects by market cap but has fallen to the 105th spot.
Memecoins have taken center stage this year, and Popcat may continue to rally this weekend. There is a possibility that the cat-themed cryptocurrency will re-enter the top 100 projects once again.
Solana:
Solana (SOL) has also faced a slight correction in the daily charts, but the asset has rallied by 12.7% in the weekly charts, 17.1% in the 14-day charts, and 16.6% over the previous month.
Also Read: Top 3 Cryptocurrencies to Watch This Week: Mid-July
According to cryptocurrency analyst Ali Martinez, SOL has formed a “W” pattern which may take the asset to $174.