It’s time for another weekly recap! In this series of articles, we compile some information about the 10 cryptocurrencies with the highest market capitalization and their movement in the last 7 days. On top of that, we also list the 10 tokens that performed the best in the same period. Let’s take a look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $6153.32, with a change of -0.86% since yesterday and 18.75% since last week.
2 - ETH: $132.13, with a change of -0.95% since yesterday and 7.79% since last week.
3 - XRP: $0.1565, with a change of -0.19% since yesterday and 7.41% since last week.
4 - USDT: $1.001, with a change of 0.00% since yesterday and -0.40% since last week.
5 - BCH: $216.05, with a change of 0.54% since yesterday and 29.34% since last week.
6 - BSV: $166.72, with a change of 3.81% since yesterday and 43.25% since last week.
7 - LTC: $38.38, with a change of 0.76% since yesterday and 11.34% since last week.
8 - EOS: $2.221, with a change of 0.77% since yesterday and 12.68% since last week.
9 - BNB: $11.97, with a change of 0.42% since yesterday and 18.16% since last week.
10 - XTZ: $1.637, with a change of -3.02% since yesterday and 3.09% since last week.
Promising signs are starting to show up again. After the big dips of last week, cryptocurrency seems to be slowly recovering its pace, with the overall market climbing up $25 billion out of the over $100 billion it lost in the past few weeks. BTC climbed back up to cross the $6,000 and is showing certain signs of stability, something that is direly needed as regular economies keep failing when facing the spread of COVID-19.
With many important countries taking quarantine measures, consumption and productions levels will drop even further, which is why people will keep looking for alternatives and even doubting if centralized banking was the right choice all along. Right now, the signs point towards an inflation in the cryptocurrency market that will drive prices up, as more people are tugged into it as an alternative for their savings and investments.
Top 10 Cryptocurrencies - Performance
1 - PRA: $0.02154, with a change of 410.86% since last week.
2 - MAN: $0.01131, with a change of 312.31% since last week.
3 - DATA: $0.02129, with a change of 218.52% since last week.
4 - DRGN: $0.02585, with a change of 183.15% since last week.
5 - LRC: $0.02851, with a change of 162.80% since last week.
6 - PAI: $0.002277, with a change of 135.13% since last week.
7 - NMR: $12.82, with a change of 118.36% since last week.
8 - IOST: $0.003454, with a change of 83.31% since last week.
9 - XDN: $0.0001851, with a change of 78.67% since last week.
10 - VEE: $0.0005554, with a change of 59.08% since last week.