Home web3.0 Markets Could Remain Highly Volatile This Week: Here are the Cryptos to Monitor

Markets Could Remain Highly Volatile This Week: Here are the Cryptos to Monitor

Aug 12, 2024 pm 09:10 PM
Volatility Cryptos Markets Monitoring

The crypto market experienced a major pullback during the weekend, which slashed the prices of the major tokens. Meanwhile, the prices of most of the memecoins are facing extreme bearish heat

Markets Could Remain Highly Volatile This Week: Here are the Cryptos to Monitor

Crypto markets experienced a major pullback over the weekend, slashing the prices of major tokens. Memecoins, in particular, faced extreme bearish pressure, threatening to reach their respective support levels. Several key events are lined up for the upcoming week, setting the stage for highly volatile crypto markets.

The upcoming week holds several events that could impact the Bitcoin price and the broader market. U.S. PPI inflation is slated for release on Tuesday, followed by CPI day on Wednesday. Initial jobless claims will be announced on Thursday, and U.S. retail sales on Friday. If CPI data exceeds expectations, it could bode poorly for Bitcoin, while rising jobless claims and U.S. retail sales may sound an alarm for the BTC price.

Apart from Bitcoin and Ethereum, SUI, Helium, and Aptos exhibited remarkable strength and are poised to maintain a healthy upswing.

Sui (SUI) Price AnalysisHelium (HNT) Price AnalysisAptos (APT) Price Analysis

The above is the detailed content of Markets Could Remain Highly Volatile This Week: Here are the Cryptos to Monitor. For more information, please follow other related articles on the PHP Chinese website!

Statement of this Website
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

Video Face Swap

Video Face Swap

Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Roblox: Bubble Gum Simulator Infinity - How To Get And Use Royal Keys
4 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Nordhold: Fusion System, Explained
4 weeks ago By 尊渡假赌尊渡假赌尊渡假赌
Mandragora: Whispers Of The Witch Tree - How To Unlock The Grappling Hook
3 weeks ago By 尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

SublimeText3 Chinese version

SublimeText3 Chinese version

Chinese version, very easy to use

Zend Studio 13.0.1

Zend Studio 13.0.1

Powerful PHP integrated development environment

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

SublimeText3 Mac version

SublimeText3 Mac version

God-level code editing software (SublimeText3)

Hot Topics

Java Tutorial
1673
14
PHP Tutorial
1278
29
C# Tutorial
1257
24
Intel Markets (INTL) Could Be the Crypto of the Year as Cardano (ADA) Holders Diversify Ahead of Hard Fork Intel Markets (INTL) Could Be the Crypto of the Year as Cardano (ADA) Holders Diversify Ahead of Hard Fork Aug 25, 2024 am 03:49 AM

The crypto market is undergoing a significant sentiment shift as sidelined capital starts to take entry. Projects like Near Protocol (NEAR) and Cardano (ADA) are heating up in anticipation of the upcoming rally.

Kamala Harris and Donald Trump Fan-Themed Memecoins Experience Contrasting Price Movements Ahead of Upcoming US Presidential Debate Kamala Harris and Donald Trump Fan-Themed Memecoins Experience Contrasting Price Movements Ahead of Upcoming US Presidential Debate Sep 11, 2024 am 06:08 AM

The Kamala Harris and Donald Trump fan-themed memecoins have experienced contrasting price movements ahead of the upcoming U.S. presidential debate.

Bitcoin (BTC) Short-Term Holders Surge as Breakout From Trading Range Consolidation Rekindles Market Volatility Bitcoin (BTC) Short-Term Holders Surge as Breakout From Trading Range Consolidation Rekindles Market Volatility Aug 28, 2024 pm 03:50 PM

Insights from the world's premier analytical platform CryptoQuant show that this movement has woken up previously idle networks and pointed to new trends that have to be observed.

Harris Leads Trump on Polymarket as DNC Begins, but They Got Tied Earlier Amid Volatility Harris Leads Trump on Polymarket as DNC Begins, but They Got Tied Earlier Amid Volatility Aug 20, 2024 am 03:49 AM

Plus, bettors see RFK Jr. dropping out by November without a Trump endorsement, and China's 'bitcoin ban' is more complicated than what Justin Sun thinks.

Top Yield Farming Cryptos for 2024 Top Yield Farming Cryptos for 2024 Aug 13, 2024 am 12:01 AM

Yield farming has quickly become the most popular strategy in the Decentralized Finance (DeFi) space. By staking or lending crypto assets, users can earn huge returns that may often outpace those of traditional financial systems. The high yields offe

Discover the Next Big Winners in the Crypto Space: Five Cryptocurrencies Primed for Explosive Growth Discover the Next Big Winners in the Crypto Space: Five Cryptocurrencies Primed for Explosive Growth Aug 17, 2024 pm 09:31 PM

Bitcoin’s recent decline has opened the door to significant opportunities in the crypto market. As one digital currency stumbles, others are poised to rise dramatically.

Defiance Launches Most Volatile US ETF Ever, Targeting Bitcoin Proxy MicroStrategy Defiance Launches Most Volatile US ETF Ever, Targeting Bitcoin Proxy MicroStrategy Aug 16, 2024 am 06:27 AM

- In a part of the US market for exchange-traded funds that has become known for increasingly risky products, a new offering has debuted that stands out in the crowd.

Naira Appreciates by 7.1% against US Dollar in NAFEX Naira Appreciates by 7.1% against US Dollar in NAFEX Sep 19, 2024 pm 06:13 PM

The Naira appreciated against the US Dollar strengthening by 7.1 per cent or N116.84 in the Nigerian Autonomous Foreign Exchange Market (NAFEX) on Wednesday