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Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA

Published 09/05/2021, 03:30 PM
Updated 09/05/2021, 05:00 PM
Top 5 cryptocurrencies to watch this week: BTC, LTC, FIL, FTT, MIOTA

Bitcoin (BTC) is struggling to sustain above $50,500 but that has not stopped the altcoins from following in Ether's (ETH) footsteps after the top-ranked altcoin hit $4,000 on Sept. 3. This has pushed Ether’s market dominance above 20% while Bitcoin’s dominance has shrunk to 41.1%.

However, Bitcoin’s hesitation in the past few days has not altered the outlook of Bloomberg senior commodity strategist Mike McGlone who has retained a $100,000 target on Bitcoin and $5,000 on Ether.

Crypto market data daily view. Source: Coin360
BTC/USDT daily chart. Source: TradingView
BTC/USDT 4-hour chart. Source: TradingView
LTC/USDT daily chart. Source: TradingView
LTC/USDT 4-hour chart. Source: TradingView
FIL/USDT daily chart. Source: TradingView
FIL/USDT 4-hour chart. Source: TradingView
FTT/USDT daily chart. Source: TradingView
FTT/USDT 4-hour chart. Source: TradingView
MIOTA/USDT daily chart. Source: TradingView
MIOTA/USDT 4-hour chart. Source: TradingView

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