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Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP

Published 06/20/2021, 03:08 PM
Updated 06/20/2021, 04:40 PM
Top 5 cryptocurrencies to watch this week: BTC, ADA, THETA, XMR, AMP

The U.S. Federal Reserve’s plans to advance its timeline for rate hikes to 2023 has led to profit-booking in the U.S. stock market, gold, and Bitcoin (BTC). The markets received a second jolt on June 18 after James Bullard, the president of the United States Federal Reserve Bank of St. Louis, warned th the first rate hike could come as soon as 2022.

Now crypto analysts are divided on the next move from Bitcoin. Josh Rager believes Bitcoin may have hit its cycle top at $64,500 and Robert Kiyosaki, author of "Rich Dad Poor Dad," believes Bitcoin can plummet to $24,000.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
ADA/USDT daily chart. Source: TradingView
ADA/USDT 4-hour chart. Source: TradingView
THETA/USDT daily chart. Source: TradingView
THETA/USDT 4-hour chart. Source: TradingView
XMR/USDT daily chart. Source: TradingView
XMR/USDT 4-hour chart. Source: TradingView
AMP/USDT daily chart. Source: TradingView
AMP/USDT 4-hour chart. Source: TradingView

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