These Shocking Cryptocurrencies Are on Fire This Weekend
Cryptocurrencies trade 24 hours a day, seven days a week and that can lead to some wild moves at odd times. In particular, weekends have been times of high volatility, especially ahead of a holiday week. Since Friday's stock market close, there are over a dozen cryptocurrencies up double-digits.
Some of the biggest movers are relatively small tokens that are built to provide real-world utility, not just memes. Uniswap (CRYPTO: UNI) has risen 12.6% since Friday's market close, Chainlink (CRYPTO: LINK) is up 11.8%, Fantom (CRYPTO: FTM) jumped 39.9%, and Sei (CRYPTO: SEI) is up 33.5%.
Over the weekend, President-elect Trump nominated hedge fund manager Scott Bessent as his next Treasury Secretary. He has been known as being pro-crypto and said recently that he's excited about the freedom of crypto and young people's adoption of it.
Source Fool.com
