Cryptocurrency markets are mixed on Friday.
Ether (ETH) is up over 4% and rallying into the mid-$1,900s and bitcoin alternatives like Litecoin, Bitcoin SV, Zcash and eCash have all been pumping.
Bitcoin, meanwhile, was last trading in the $30,400s, having been knocked off its prior perch above $31,000 on a WSJ report that the SEC has told spot bitcoin ETF applicants that their filings are currently insufficient.
Overall, total crypto market cap is up around 1.5% on the day at close to $1.2 trillion.
US economic data released on Friday pointed to easing price pressures and a weakening consumer, not enough to push back against expectations for two further interest hikes from the Fed, but enough to feed into the narrative that the end of monetary tightening is near.
For crypto investors keen to diversify their holdings away from blue-chip names like bitcoin and ether, here are some of the best coins to consider buying on Friday.
Alongside the other aforementioned bitcoin alternatives that have been rally in recent days, Bitcoin Cash (BCH) has also been pumping.
The catalyst for the rally has been the news that the cryptocurrency will be listed on a new crypto exchange called EXM Markets, which has the backing of major financial institutions.
BCH was last up close to another 20% on Friday, having exceeded the $300 level for the first time in over one year.
Bulls are eyeing a test of key long-term support-turned-resistance in the $390 area.
Wall Street Memes, one of the internet’s hottest retail investing communities, rose to prominence in the meme stock craze of 2021 and has recently been expanding its relevance in the cryptocurrency space with the presale of its new $WSM token.
The success of the $WSM presale, which has raised more
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