Cryptocurrency News

Rocky road lies ahead, but here are 5 altcoins that still look bullish

08/30/2022

Less than a minute

2022.08.30 08:30

Rocky road lies ahead, but here are 5 altcoins that still look bullish

The United States equities markets plunged on Aug. 26 following Federal Reserve Chair Jerome Powell’s speech, where he reiterated the central bank’s hawkish stance. Continuing its correlation with the equities market, Bitcoin (BTC) and the cryptocurrency markets also witnessed a sharp selloff on Aug. 26.

Bitcoin has declined about 14% this month, making it the worst performance for August since 2015, when the price had dropped 18.67%. That may be bad news for investors because September has a dubious record of a 6% average loss since 2013, according to data from CoinGlass.

08/30/2022

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Bitcoin (BTC) $ 103,064.61 1.41%

Ethereum (ETH) $ 3,294.03 2.28%

XRP (XRP) $ 3.13 6.18%

Tether (USDT) $ 0.999891 0.02%

Solana (SOL) $ 234.19 10.10%

BNB (BNB) $ 700.03 2.35%

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Shiba Inu (SHIB) $ 0.000023 0.57%

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Wrapped Bitcoin (WBTC) $ 103,034.61 1.74%

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Polkadot (DOT) $ 7.07 4.08%

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