Another week has passed, which means it’s time for our weekly recap, where we will see how the top 10 cryptocurrencies in the market moved and reacted to the news, along with checking which were the ten best-performing tokens on that same time. Let’s take a look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $9745.83, with a change of -0.64% since yesterday and 8.51% since last week.
2 - ETH: $214.07, with a change of 1.20% since yesterday and -0.04% since last week.
3 - XRP: $0.2222, with a change of 1.55% since yesterday and -0.76% since last week.
4 - USDT: $1, with a change of -0.10% since yesterday and -0.10% since last week.
5 - BCH: $274.88, with a change of 5.48% since yesterday and 5.26% since last week.
6 - BSV: $215.1, with a change of 2.86% since yesterday and 1.18% since last week.
7 - LTC: $48.38, with a change of 1.32% since yesterday and -1.75% since last week.
8 - BNB: $17.28, with a change of 0.82% since yesterday and -1.31% since last week.
9 - EOS: $2.822, with a change of 2.51% since yesterday and -4.08% since last week.
10 - XTZ: $2.945, with a change of 6.90% since yesterday and 3.81% since last week.
This is it. Bitcoin Halving is upon us. In a couple of days, the event that reduces the mining rewards in half, altering almost every aspect of the network, from its hashrate and security to its economic viability. And the effects are already being noticed. BTC briefly broke the $10,000 mark for the first time since February, and it’s currently trading around $9,700, as it closed the week with an increase of $13 biliion in its market capitalization, meaning more people are owning and trading the token as the halving approaches.
This sudden increase in value was translated in bounces across altcoins, with some showing small, temporary growths at the time of writing, most likely for being on the high part of a bounce, while others show negative numbers. We will have to wait until the halving occurs and the entire situation stabilizes before analyzing the impact of the event on these tokens.
Top 10 Cryptocurrencies - Performance
1 - MAN: $0.0621, with a change of 197.23% since last week.
2 - TNC: $0.2802, with a change of 132.37% since last week.
3 - PLA: $0.0003902, with a change of 124.84% since last week.
4 - LPT: $1.431, with a change of 107.17% since last week.
5 - ZRX: $0.4401, with a change of 105.17% since last week.
6 - ORS: $0.0298, with a change of 101.35% since last week.
7 - CRPT: $0.4787, with a change of 99.38% since last week.
8 - RCN: $0.0912, with a change of 87.25% since last week.
9 - TNT: $0.09442, with a change of 81.58% since last week.