Top 5 cryptocurrencies to watch this week: BTC, ETH, ADA, SOL, THETA
When the sentiment in the market turns bearish, every bit of negative news, however insignificant, pulls the price down as traders panic sell. This is what happened after China’s social media giant, Weibo (NASDAQ:), suspended a number of crypto-related accounts and triggered fears that a wider crackdown could occur.
In other news, a note from Goldman Sachs (NYSE:) said their meetings with 25 chief investment officers of long-only and hedge funds revealed (BTC) as the least favorite asset for investment.
Disclaimer:Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
