As we said last week, we return to our regular schedule of publishing our Weekly Recap every Saturday, in which we talk about the 10 best tokens by market capitalization, along with the best performing tokens of the last seven days, and link their movements to relevant news about blockchain and cryptocurrency. Let’s take a look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $9114.04, with a change of -0.51% since yesterday and 6.65% since last week.
2 - ETH: $243.27, with a change of -1.01% since yesterday and 11.76% since last week.
3 - XRP: $0.241, with a change of -1.71% since yesterday and 5.19% since last week.
4 - BCH: $342.59, with a change of -2.36% since yesterday and 11.89% since last week.
5 - BSV: $243.1, with a change of -2.47% since yesterday and 14.51% since last week.
6 - USDT: $1.002, with a change of 0.00% since yesterday and 0.00% since last week.
7 - LTC: $62.62, with a change of -1.17% since yesterday and 7.69% since last week.
8 - EOS: $3.784, with a change of -1.69% since yesterday and 7.47% since last week.
9 - BNB: $21.06, with a change of -1.73% since yesterday and 9.18% since last week.
10 - XTZ: $3.17, with a change of -0.28% since yesterday and 15.48% since last week.
In stark contrast to last week’s downward trends all across the board, this week the market has seen steady growths both in the top 10 tokens and in the global market capitalization, with the entire market raising almost $20 billion. BTC saw a rise of nearly 7%, while altcoins like ETH, BCH and BSV reached double digits in their growth.
The most important piece of news related to cryptocurrency for this week was the US Treasury Department blacklisting certain addresses they believe are tied to North Korean hackers. As reported by Coindesk, the 20 addresses belong to Jiadong Li and Yinyin Tian, who are allegedly tied to the Lazarus Group, a group of hackers that has stolen nearly half a million dollars in cryptocurrency since 2018. However, it is unclear if the blacklisting of the addresses had a positive impact on traders, since it shows that security measures can still be enforced in benefit of the users, or if it was the cause of the market growth for the week.
Top 10 Cryptocurrencies - Performance
1 - XMC: $1.586, with a change of 455.71% since last week.
2 - WRX: $0.217, with a change of 260.17% since last week.
3 - COTI: $0.03529, with a change of 97.71% since last week.
4 - LTO: $0.0828, with a change of 95.74% since last week.
5 - BAND: $0.5286, with a change of 84.42% since last week.
6 - SRN: $0.01185, with a change of 79.11% since last week.
7 - BWX: $0.05407, with a change of 69.36% since last week.
8 - AAC: $0.002827, with a change of 64.08% since last week.
9 - UPP: $0.01605, with a change of 56.88% since last week.
10 - HBAR: $0.05518, with a change of 51.77% since last week.
This means that our special feature for next week will cover Monero Classic, one of the resulting currencies since the original Monero chain forked at block height 1546000. We will take a look at what makes it different from its predecessor and how it achieved the growth seen this week, so stay tuned!