We’re back for another weekly recap, where we review the most recent news about cryptocurrency, the movements of the market, the behavior of the top 10 tokens by market capitalization and find out what were the best performing token in the last seven days. Let’s take a look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $9527.4, with a change of 1.09% since yesterday and 3.71% since last week.
2 - ETH: $235.58, with a change of 6.81% since yesterday and 13.97% since last week.
3 - XRP: $0.203, with a change of 2.78% since yesterday and 2.06% since last week.
4 - USDT: $0.9998, with a change of 0.01% since yesterday and -0.02% since last week.
5 - BCH: $243.08, with a change of 2.02% since yesterday and 3.74% since last week.
6 - BSV: $195.15, with a change of 2.61% since yesterday and 1.10% since last week.
7 - LTC: $46.8, with a change of 5.24% since yesterday and 6.70% since last week.
8 - BNB: $17.34, with a change of 2.00% since yesterday and 5.22% since last week.
9 - EOS: $2.69, with a change of 2.87% since yesterday and 4.96% since last week.
10 - XTZ: $2.908, with a change of 1.15% since yesterday and 5.44% since last week.
As seen in the charts, the cryptocurrency market is currently in a rallying period that may have been triggered as a response to the recent drawbacks after the BTC halving that took place a couple of weeks ago. Analysts are also linking this rise as a preparation for the expiry of CME’s BTC futures contact, which may initiate a period of even more volatility as soon as next week. We will have to wait and see.
In the meantime, we can see how most major currencies are making great efforts to break their current psychological resistances, as BTC approaches the $10,000 mark and ETH is near breaking the $240 mark, both with great momentum. Overall, we saw the market grow by $13 billion, which also positively impacts altcoins. Could this be the start of the long-term positive trend that usually follows a halving event?
Top 10 Cryptocurrencies - Performance
1 - FTX: $0.03249, with a change of 164.94% since last week.
2 - MTC: $0.005247, with a change of 133.36% since last week.
3 - BNT: $0.6216, with a change of 126.60% since last week.
4 - XMC: $1.756, with a change of 119.85% since last week.
5 - SNGLS: $0.01516, with a change of 90.57% since last week.
6 - NCT: $0.001317, with a change of 84.65% since last week.
7 - DAPP: $0.01179, with a change of 78.26% since last week.
8 - RFOX: $0.002926, with a change of 76.69% since last week.
9 - XSR: $0.01188, with a change of 52.15% since last week.
10 - IOTX: $0.006178, with a change of 49.44% since last week.