Cryptocurrencies to watch this week: Immutable, Ethena, IOTA | Headlines | News | CoinMarketCap
05/04/2025 22:42
Cryptocurrencies performed well last week, with Bitcoin soaring to its highest level since February and the market cap of all coins jumping to over …
Cryptocurrencies performed well last week, with Bitcoin soaring to its highest level since February and the market cap of all coins jumping to over $3 trillion.
The main catalyst for Bitcoin (BTC) and other altcoins this week will be the Federal Reserve interest rate decision on Wednesday. Signs that the Fed will cut rates three times this year will help boost crypto prices.
The other potential catalyst will be signs that the US and China are talking on ending the ongoing trade war. Some cryptocurrencies like Immutable (IMX), Ethena (ENA), and IOTA (IOTA) will have some internal catalysts.
Immutable X token unlock
Immutable X, a top layer-2 network focused on gaming and non-fungible tokens, will be one of the top cryptocurrencies to watch this week.
The main catalyst will be …