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Top 5 cryptocurrencies to watch this week: BTC, AAVE, ATOM, NEO, VET

Published 02/21/2021, 02:45 PM
Updated 02/21/2021, 04:20 PM
Top 5 cryptocurrencies to watch this week: BTC, AAVE, ATOM, NEO, VET

The Purpose Bitcoin (BTC) exchange-traded fund debuted on the Toronto Stock Exchange on Feb. 18 and has quickly ramped up trading volumes of about $400 million worth of shares in two days. This is quite impressive, considering that the equity market in Canada is only a fraction of the size of the U.S. markets. This shows strong demand for Bitcoin and investor's preference to take the ETF route to establish fresh positions.

Last week, Bitcoin reached another important milestone when it hit the critical $1 trillion market capitalization on Feb. 19, making it the sixth asset on the list of top market cap companies in the world.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
AAVE/USDT daily chart. Source: TradingView
AAVE/USDT 4-hour chart. Source: TradingView
ATOM/USDT daily chart. Source: TradingView
ATOM/USDT 4-hour chart. Source: TradingView
NEO/USDT daily chart. Source: TradingView
NEO/USDT 4-hour chart. Source: TradingView
VET/USDT daily chart. Source: TradingView
VET/USDT 4-hour chart. Source: TradingView

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