It’s time for another weekly recap! Let’s take a look at how the market fared the last 7 days, as the first month of Q2 comes to and end and the quarantine measures are still on effect for most of the world, and we will also look at the best 10 performing tokens of the week. Let’s go right ahead:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $8934.36, with a change of 1.19% since yesterday and 18.38% since last week.
2 - ETH: $213.89, with a change of 0.90% since yesterday and 10.03% since last week.
3 - XRP: $0.2227, with a change of 2.20% since yesterday and 14.44% since last week.
4 - BCH: $257.41, with a change of 1.00% since yesterday and 8.01% since last week.
5 - USDT: $1.001, with a change of 0.10% since yesterday and 0.00% since last week.
6 - BSV: $212.19, with a change of 0.34% since yesterday and 9.20% since last week.
7 - LTC: $47.68, with a change of 1.21% since yesterday and 7.36% since last week.
8 - EOS: $2.891, with a change of 0.63% since yesterday and 7.03% since last week.
9 - BNB: $17.5, with a change of 0.23% since yesterday and 7.83% since last week.
10 - XTZ: $2.839, with a change of 1.47% since yesterday and -0.94% since last week.
This ended up being one of the best weeks of the year so far. With the market growing by nearly $30 billion, and the top tokens rising by two digits, the upwards tendency fits with the bullish trend that we mentioned in last week’s recap.
BTC is now trading around the $9,000 mark for the first time in almost a month, and analysts are relating this phenomenon to the approaching halving event. Not only that, but the fact that halvings have previously caused long term growth for BTC is also a motivating factor for users to start trading and holding the asset as we approach it. This is calculated to occur in 9 days as the time of writing, so stay tuned for future news about it!
Top 10 Cryptocurrencies - Performance
1 - PLA: $0.0003582, with a change of 147.38% since last week.
2 - HVN: $0.007731, with a change of 141.84% since last week.
3 - WIN: $0.013956, with a change of 118.67% since last week.
4 - KEY: $0.001218, with a change of 117.50% since last week.
5 - MER: $0.00806, with a change of 105.40% since last week.
6 - PRO: $0.07161, with a change of 99.56% since last week.
7 - XRC: $7.536, with a change of 87.88% since last week.
8 - HSR: $0.856, with a change of 79.06% since last week.
9 - AMLT: $0.00612, with a change of 78.66% since last week.
10 - HYDRO: $0.0004474, with a change of 73.86% since last week.