Bitcoin and Altcoins Under Scrutiny This Week

While critical US CPI and PPI data are awaited for Bitcoin and altcoins this week, six cryptocurrencies are drawing attention in the market.

Cryptocurrency analysis company Santiment reported that investors showed great interest in the following cryptocurrencies on social media:

• Bitcoin (BTC): Often discussed due to its price fluctuations and market behavior. It’s emphasized that investors should hold Bitcoin long-term, despite market volatility.

• Starknet (STRK): Gained attention after MicroStrategy’s announcement of a $21 Billion program aimed at raising funds for Bitcoin purchases, prompting significant interest in the crypto community.

• Ethereum (ETH): Comparing its performance to Bitcoin and addressing concerns over high transaction fees, as well as whale activities, are common topics of discussion among users who question its potential for new highs.

• Tether (USDT): The promotion of platforms offering daily earnings in USDT highlights its appeal as a passive income stream, emphasizing financial freedom through investments.

• Grok (GROK): Trending due to its association with GRK that showcases growth potential, with bullish sentiments surrounding its community mascot and related trading activities.

• Circle (USDC): Discussions about interest rates in contrast to USDT are becoming prominent, focusing on safety and profitability in trading, especially since USDT is transitioning to sell-only mode.

> This is not investment advice.