Top 5 Currencies to Watch This Week: BTC, BNB, XMR, ETC, MANA

Top 5 Currencies to Watch This Week: BTC, BNB, XMR, ETC, MANA – Mail Bonus

The Dow Jones industrial average has fallen for eight consecutive weeks, the first such loss since 1923. On May 20, the S&P 500 briefly fell in a bear market area, indicating that traders continued to sell risky assets for fear of recession.

Due to the tight correlation with the US stock market, Bitcoin (BTC) has been under pressure for many weeks. The bulls are trying to push Bitcoin higher over the weekend and avert even longer losses.

Daily view of cryptocurrency market data. Source: Coin 360

Bitcoin’s performance in the first five months has been the worst since 2018, indicating that sellers are at the helm. However, after a few weeks of weakness, cryptocurrencies could be on the verge of a bear market rally.

What are the important points that can indicate the beginning of a sustained recovery? Let’s study the charts of the top 5 cryptocurrencies that could perform better in the near future.