Top 5 cryptocurrencies to watch this week: BTC, ETH, DOT, AAVE, SNX

Cointelegraph

Published Jan 24, 2021 01:53PM ET

Updated Jan 25, 2021 04:20PM ET

As Bitcoin price trade sideways, traders are keeping an eye out for new purchases from institutional investors in order to gauge whether BTC's correction is over.

MicroStrategy’s recent purchase of 314 Bitcoin at an average price of $31,808 is a mild sentiment booster but it may not be enough to arrest the decline if buyers do not step in and sustain their purchases at higher levels.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
ETH/USDT daily chart. Source: TradingView
ETH/USDT 4-hour chart. Source: TradingView
DOT/USDT daily chart. Source: TradingView
DOT/USDT 4-hour chart. Source: TradingView
AAVE/USDT daily chart. Source: TradingView
AAVE/USDT 4-hour chart. Source: TradingView
SNX/USDT daily chart. Source: TradingView
SNX/USDT 4-hour chart. Source: TradingView

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