Cryptocurrency News

BTC, ETH, ADA, Sol, Theta

When market sentiment turns bearish, every little negative news, though insignificant, pulls prices down as traders panic. This comes after China’s social media giant Weibo suspended several crypto-related accounts and fears that there could be widespread action.

In other news, a note from Goldman Sachs stated that bitcoin was discovered in his meeting with 25 chief investment officers of long-only and hedge funds (B T c) In form of at least Preferred property for investment.

Crypto market data daily view. Source: Coin360

While the news may turn negative in the short term, it is unlikely to change the long-term story of bitcoin. As the price improves, many institutional investors may consider crypto investments to hedge their portfolios against a potential surge in inflation in the United States.

From the point of view of most traders, the current decline in bitcoin represents a buying opportunity for the long term.

Let us analyze the chart of top-5 cryptocurrencies that are likely to outperform in the coming days.