TipRanks
2022-10-24 05:03:19

Cryptocurrencies to Watch for the Week of October 23

Over the past five weeks, Bitcoin (BTC-USD) seems to have decoupled from the stock market as the number one cryptocurrency by market cap held its ground much better than the tech-heavy Nasdaq 100 (NDX). According to crypto data provider Kaiko, Bitcoin's volatility level has dropped to that of the stock market for the first time in two years. Most major cryptos finished the week flat or with minor losses. However, next week is expected to be much more interesting for traders as big tech companies such as Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Meta Platforms (NASDAQ: META), Advanced Micro Devices (NASDAQ: AMD), and others will report their quarterly earnings.

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