Top cryptocurrencies to watch this week
The past week marked the most bullish period for the market since early March, as the global crypto market cap surged to $2.85 trillion by the weekend.
Bitcoin (BTC) spearheaded the rally following Donald Trump’s victory in the U.S. presidential election, breaking past its previous all-time high—nearing the $80,000 mark— and entering a price discovery phase.
Altcoins followed suit, significantly contributing to the increase in global market valuation. Here are some of last week’s top performers to keep an eye on.
Ethereum breaches $3,000
Ethereum (ETH) capitalized on last week’s uptrend to reclaim multi-month highs. Ethereum initially dropped 2.8% on Nov. 4, but eventually closed with a 27.3%…