The cryptocurrency market seems to be recovering from its recent dip. Bitcoin (BTC) has reclaimed the $83,000 price level. The global crypto market cap has climbed to $2.79. 2025 was off to a great start, but things have taken a bad turn over the last month.
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Cryptocurrencies Recover Amid Inflation News
The market recovery could be due to inflation slowing down. Consumer Price Index came in lower than anticipated. The development may have led to investors taking on more risks. Market participants may be anticipating an interest rate cut from the Federal Reserve.
The cryptocurrency market took a hit over the last month due to global trade wars. The US has announced tariffs against multiple countries. Investors may be anticipating a negative impact on global economics.
Top 3 Cryptocurrencies To Watch This Weekend
1. Pepe (PEPE)
PEPE is among the best-performing cryptocurrencies in the daily charts. The asset could continue to rally over the coming days. If investor sentiment continues to rise, the memecoin could reclaim the $0.00001 mark.
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2. Solana (SOL)
SOL has struggled to regain its lost momentum. The asset hit an all-time high in January. Since its January highs, the cryptocurrency has struggled to gain traction. The low prices could be a good entry point for many investors. SOL could get an ETF later this year. Many financial institutions have applied for a SOL ETF. The SEC is yet to approve even one of the applications.
3. Ripple (XRP)
Ripple’s XRP token started 2025 with a bang. The cryptocurrency breached the $3 mark for the first time in nearly seven years earlier this year. The asset has since lost substantial steam. XRP could get an ETF later this year. The development could lead to a significant price rally for the coin.
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