As the week starts, the broader cryptocurrency market is witnessing losses in what might be a wary response to the possible approval of a spot Bitcoin ETF.
Altcoins are facing challenges as the week of the potential Bitcoin ETF approaches. This is unsurprising given the current emphasis on Bitcoin (BTC). However, momentum is expected to return to altcoins after the ETF event, crypto analyst Michael van de Poppe X noted on January 8.
“Altcoins are suffering as Bitcoin ETF week is approaching. Not strange, as the focus is entirely skewed towards Bitcoin. After the ETF, momentum is likely coming back in altcoins. Range remains defined on Bitcoin. Buying 10%+ dips, selling at $48-51K,” he noted.
Altcoins and Bitcoin range chart. Source: Michael van de Poppe
With this development around altcoins, Finbold compiled a list of 6 altcoins that may be a potentially lucrative investment for traders this week below $1.
XRP (XRP)
In a recent report on January 3, Ripple announced its strategic
We współpracy z: https://finbold.com/6-cryptocurrencies-under-1-to-buy-this-week/
