Top 5 cryptocurrencies to watch this week: BTC, ETH, BNB, XMR, CAKE
Cointelegraph
Published Apr 25, 2021 04:27PM ET
Updated Apr 26, 2021 07:40PM ET
Corrections in a bull phase are usually a bullish sign as they reduce the frothy excitement and allow stronger hands to enter the markets. However, the recent correction in Bitcoin (BTC) from its all-time high at $64,849.27 does not seem to have scared novice traders.
Data from DappRadar shows that decentralized exchange volumes have picked up in the last week as traders may have exited profitable Bitcoin positions to buy altcoins at their current rock bottom prices.
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Written By: Cointelegraph
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