Another Saturday, another weekly recap. In this series of articles, we take a look at the ten cryptocurrencies with the highest market capitalization and describe their movements in relation to important news in the market. We also take a look at the ten cryptocurrencies that reached the higher percentage growth during the week. Let’s begin!
Top 10 Cryptocurrencies - Market Value
1 - BTC: $9646.3, with a change of -0.53% since yesterday and -2.62% since last week.
2 - ETH: $262.42, with a change of -1.20% since yesterday and -0.92% since last week.
3 - XRP: $0.2745, with a change of 0.04% since yesterday and -10.73% since last week.
4 - BCH: $375.59, with a change of -0.57% since yesterday and -14.48% since last week.
5 - BSV: $282.54, with a change of -2.25% since yesterday and -9.10% since last week.
6 - LTC: $75.87, with a change of 3.37% since yesterday and -1.04% since last week.
7 - EOS: $4.113, with a change of 1.56% since yesterday and -13.36% since last week.
8 - USDT: $1.002, with a change of 0.10% since yesterday and 0.20% since last week.
9 - BNB: $22.12, with a change of -0.41% since yesterday and -8.78% since last week.
10 - XTZ: $3.468, with a change of -0.69% since yesterday and 8.54% since last week.
The most important piece of news this week came in the form of a bullish rally during February 18th, during which we saw BTC breaking the $10,000 mark once again. The rest of the market followed suit, gaining over $16 billion in total capitalization during these hours, meaning similar climbs took place all across the board (as you can see in the plots).
However, the joy wouldn’t last too long, since the market dropped back to its initial levels in approximately 30 hours. By the times the clocks hit midnight on the 20th, BTC was back down to trading around the $9,600 mark. As of writing, the top 10 cryptocurrencies have been trading steadily for a little more than two days, but the consecutive happening of these climbs and declines are an indication of a bullish sentiment building up, but not gaining enough momentum to rally the tokens upwards.
Top 10 Cryptocurrencies - Performance
1 - BORA: $0.02972, with a change of 222.62% since last week.
2 - HVN: $0.001838, with a change of 215.67% since last week.
3 - HOT: $0.002798, with a change of 183.89% since last week.
4 - MER: $0.007816, with a change of 139.09% since last week.
5 - DRG: $0.1154, with a change of 118.40% since last week.
6 - NMR: $9.623, with a change of 87.04% since last week.
7 - BOS: $0.004053, with a change of 86.50% since last week.
8 - META: $0.009939, with a change of 79.28% since last week.
9 - AVT: $0.1427, with a change of 72.49% since last week.
10 - DADI: $0.03274, with a change of 70.09% since last week.
This means our special feature for next week will cover BORA, a blockchain-based platform aiming to implement tokenization and decentralization to the South Korean gaming scene, by allowing developers to integrate their games into the platform and players to manage their earned tokens in easy-to-use wallets.