After a sudden decline earlier in the week, the cryptocurrency market has witnessed a modest revival, spearheaded by Bitcoin (BTC). The maiden cryptocurrency is striving to reclaim the $70,000 threshold and aim for a new all-time high.
This resurgence ensued following Federal Reserve Chair Jerome Powell’s confirmation of anticipated rate reductions “at some point” before the conclusion of 2024. This announcement served as a relief signal for the market participants.
Apart from Bitcoin, several other cryptocurrencies deserving attention exhibit prominent fundamentals that distinguish them within the market. Amidst the current short-term bullish sentiment, Finbold has identified three digital assets worth monitoring in the upcoming week.
Ethena (ENA)
Ethena (ENA), a synthetic dollar protocol supported by notable figures such as Arthur Hayes, co-founder of the BitMEX crypto exchange, has experienced significant growth following the distribution of its governance token t
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