Ripple (XRP), and Solana(SOL) have been among the top-trending cryptocurrencies in recent times: details

TL;DR

• BTC, XRP and SOL have been some of the most popular digital currencies in recent times due to factors which have sparked heated discussion.
• Ethereum (ETH), Chainlink(LINK) and other tokens have been discussed a lot in recent months.

The Leaders

In the last few days, there has been a significant increase in volatility on the crypto market. This is affecting investor confidence.

Bitcoin (BTC) reached almost $70,00 on July 29, before falling below $66,000 next day. It is currently trading at around $66,300 according to CoinGecko data. This correction was immediately followed by news that the US Government had banned Bitcoin. moved It sent its BTC assets worth $2 billion to an alternative address. (This could be a preparation for the sale of BTC). 

The following is a list of Transfers of cryptomarket intelligence platform Santiment have been made widely. discussed Bitcoin’s recent rise to the top of the cryptocurrency charts is due in part to the fact that it has become a popular space..

Donald Trump’s remarks at the Bitcoin 2024 Conference in Nashville is another factor. Republican presidential candidate Donald Trump said He wants to make the United States the global crypto capital and create a strategic national reserve for the top digital asset. 

Ripple (XRP), and Solana(SOL) are also on the list. The former’s discussions Are mainly focused Ripple’s impressive performance over the last few days, and its ongoing fight with the US SEC. XRP’s value was higher earlier today (July 30). tapped It has reached a high in the last four months of $0.66. Currently, however, it hovers around $0.64. 

“Solana is trending in the given texts due to discussions about investors flocking back to Solana, the possibility of a Solana ETF, and a new cryptocurrency turning heads,” Santiment conclusion

Compound (COMP), Chainlink LINK, Casper CSPR (CSPR), Ethereum ETH (XEC), and eCash XEC (XEC) are also digital currencies that belong to the club.

Big Day Ahead for BTC?

The discussion is important Due to the Federal Market Open Committee’s upcoming meeting, the buzz surrounding primary crypto may intensify in the coming hours. scheduled Today, 

You can also find out more about the following: The US central bank will be able to touch on There are several important topics. Rates of interest are top on the agenda. It is usually considered positive for the crypto market and BTC in particular when the benchmark falls, because it lowers the cost of borrowing and can boost the price. You can also find out more about the following: Risk on assets is a form of interest.

Experts are unsure whether a shift this week is possible. predicting This move could be made in September if inflation slows down a little bit.