The cryptocurrency market has faced another slight price correction. Bitcoin (BTC) has fallen to the $86,000 level after its recent climb to $88,000 earlier this week. The global crypto market cap has dipped 4% in the last 24 hours to $2.9 trillion.
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Cryptocurrencies Move Sideways
The crypto market seems to be facing significant resistance. We may be entering a consolidation phase around current levels.
The recent cryptocurrency market resurgence was likely due to BlackRock purchasing $107.9 million worth of BTC. Other bullish developments may have also aided the recovery. The SEC dropped its litigation against Ripple. The financial watchdog also announced four rounds of crypto round tables. The developments may have briefly boosted investor sentiment.
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With the first quarter of 2025 coming to an end, we may see some positive market movement. Let’s look at a few cryptocurrencies you could watch over the coming weekend.
Top 3 Cryptocurrencies To Watch This Weekend
1. Bitcoin (BTC)
BTC is the market leader. Other cryptocurrencies will likely not move unless BTC does. The asset may begin to see increased institutional investments over the coming days following BlackRock’s recent purchase. BTC’s price could see an upward swing.
2. Ripple (XRP)
XRP has displayed incredible performance over the last few months. The cryptocurrency breached the $3 mark for the first time in nearly seven years earlier this year. XRP could see a spike in inflows over the coming weeks.
3. Solana (SOL)
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SOL has experienced a massive price correction since its all-time high in January. The low prices could be a good entry point for many investors. SOL is one of the most popular crypto projects. The asset could see a rally as we enter the second quarter of this year.