Cryptocurrency News

Top 5 cryptocurrencies to watch this week: BTC, BNB, UNI, FIL, THETA

2022.08.01 15:37

Top 5 cryptocurrencies to watch this week: BTC, BNB, UNI, FIL, THETA
Top 5 cryptocurrencies to watch this week: BTC, BNB, UNI, FIL, THETA

Bitcoin (BTC) has made a strong comeback in the month of July and is on track for its best monthly gains since October 2021. The sharp recovery in Bitcoin and several altcoins pushed the Crypto Fear and Greed Index to 42/100 on July 30, its highest level since April 6.

Investors seem to be making the most of the depressed levels in Bitcoin. Data from on-chain analytics firm Glassnode shows that Bitcoin in exchange wallets has dropped to 2.4 million Bitcoin in July, down from the March 2020 levels of 3.15 million Bitcoin. This has sent the metric to its lowest level since July 2018.

Coin360

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