The cryptocurrency market is still consolidating, with most digital assets unable to make any significant move. At the moment, investors hope the crypto space will attempt to put away the significant sell-offs moving into 2023.
However, there remains an interest in how selected cryptocurrencies will end 2022, as their price movement will give a glimpse of what to expect from next year. Therefore, here are five cryptocurrencies to watch for the week of December 26.
Bitcoin (BTC)
Following the recent Bitcoin (BTC) gains induced by the positive macroeconomic news, the maiden digital asset has plunged to trade in the now familiar zone of below $17,000. Bitcoin continues to be hammered by the fallout from the FTX cryptocurrency exchange collapse.
Interestingly, data indicates that despite Bitcoin’s consolidation, the asset has made a faster recovery post-FTX saga compared to previous major capitulation events. In this line, there were speculations that FTX’s impact could have dire con
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