{"id":9078,"date":"2022-03-06T23:27:49","date_gmt":"2022-03-06T23:27:49","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/top-5-cryptocurrencies-to-watch-this-week-btc-xrp-near-xmr-waves\/"},"modified":"2022-03-06T23:27:51","modified_gmt":"2022-03-06T23:27:51","slug":"top-5-cryptocurrencies-to-watch-this-week-btc-xrp-near-xmr-waves","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/top-5-cryptocurrencies-to-watch-this-week-btc-xrp-near-xmr-waves\/","title":{"rendered":"Top 5 cryptocurrencies to watch this week: BTC, XRP, NEAR, XMR, WAVES"},"content":{"rendered":"
Bitcoin (BTC) plunged below $40,000 on March 4 and has been trading below the level throughout the weekend.<\/p>\n
Although the crypto price action has been volatile in the past few days, Glassnode data shows that institutional investors have been gradually accumulating Bitcoin through the Grayscale Bitcoin Trust (GBTC) shares since December 2021.<\/p>\n
Another positive sign has been that fund managers have not panicked and dumped their holdings in GBTC. This suggests that managers possibly are bullish in the long term, hence they are riding out the short term pain. <\/p>\n