Welcome to another weekly recap of the Top 10 Cryptocurrencies in the market. This week, we are switching our metric from token price to market capitalization, in hopes of providing different insight to the changes. This means the list will feature many newcomers, but their inclusion means a better understanding of the overall movement of the market.
Bitcoin: $3,887.37, with +0.46% change from yesterday and +1.67% from last week.
Ethereum: $136.34, with -0.12% change from yesterday and 0.04% from last week.
Ripple: $0.3095, with -1.42% change from yesterday and -1.31% from last week.
EOS: $3.71, with -0.85% change from yesterday and 3.92% from last week.
Litecoin: $56.01, with -2.69% change from yesterday and 21.97% from last week.
Bitcoin Cash: $128.82, with -1.09% change from yesterday and -1.04% from last week.
Stellar: $0.0868, with 2.90% change from yesterday and 2.93% from last week.
TRON: $0.0226, with -1.34% change from yesterday and -3.40% from last week.
Bitcoin SV: $66.76, with +1.27% change from yesterday and -1.01% from last week.
Cardano: $0.0427, with -0.08% change from yesterday and 0.08% from last week.
As it can be seen in the graphs, the market experienced a drop back in Monday (March 4th), with Bitcoin getting close to a low-resistance of $3,700. Worries were quickly cleared as market rose again on Tuesday, and now we’re seeing slight rises across the board, with promising trading volumes too.
Still, volatility on this degree wasn’t experienced since early 2018, which could be the starting point for a discussion on how similar will 2019 be in terms of the cryptocurrency market.
Stay tuned for next week’s recap!