The time for the Weekly Recap is here again and we are going to take a look at how the market behave in these past 7 days, along with which were the coins that achieved the largest growth in a week that was mostly defined by negative tendencies, but let’s take a deeper look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $8061.46, with a change of 1.11% since yesterday and -3.07% since last week.
2 - ETH: $174.73, with a change of 0.83% since yesterday and -2.98% since last week.
3 - XRP: $0.2962, with a change of 0.51% since yesterday and 8.50% since last week.
4 - USDT: $1.005, with a change of 0.00% since yesterday and 0.10% since last week.
5 - BCH: $214.75, with a change of 1.31% since yesterday and -4.26% since last week.
6 - LTC: $53.78, with a change of 0.71% since yesterday and -3.72% since last week.
7 - EOS: $2.909, with a change of 0.59% since yesterday and -5.52% since last week.
8 - BNB: $18.49, with a change of 1.20% since yesterday and 7.38% since last week.
9 - BSV: $90.81, with a change of 0.52% since yesterday and 4.60% since last week.
10 - XLM: $0.06357, with a change of 0.52% since yesterday and 4.16% since last week.
As you can see, the market is mostly red once again, with BTC having taken 3 big dips during the weekm reaching lows slightly above the $7,900 mark, and some other major currencies following suit. The rest made some interesting efforts to take advantage of the opportunity to rise, but failed slightly, as we can see in the chart for XRP.
Analysts and experts claim that the movements of this week are signs that the bearish trend is still going, with signs of a bullish race drifting further and further away as time goes by, with some being deeply concerned by the approaching of the “death cross” for BTC (where the 50-day MA intersects the 200-day MA), which we last saw during March 2018, and we all know how that story goes.
Top 10 Cryptocurrencies - Performance
1 - CHZ: $0.00871, with a change of 74.55% since last week.
2 - ODE: $0.07191, with a change of 64.60% since last week.
3 - NXS: $0.2871, with a change of 48.91% since last week.
4 - B2G: $0.0009678, with a change of 44.47% since last week.
5 - PAT: $0.0001675, with a change of 44.06% since last week.
6 - ZPT: $0.009678, with a change of 43.40% since last week.
7 - PLR: $0.02472, with a change of 38.31% since last week.
8 - TNT: $0.0821, with a change of 36.83% since last week.
9 - SOLVE: $0.1172, with a change of 36.61% since last week.
10 - SPD: $0.014, with a change of 32.75% since last week.
This means our special feature for next week will cover Chiliz, a standalone currency developed to support blockchain-based platforms in the sports area, developed with the casual user in mind. It’s relevance is certainly linked to being partners with renowned football (soccer) teams like Paris Saint-Germain, Juventus, Atletico Madrid and many others, so it will be interesting to see how a project takes advantage of such huge fanbases.