It’s time for another weekly recap. Another Saturday morning in which we take a look at the top 10 cryptocurrencies in the market and the 10 best performing tokens in the past week. Did the trends set by last week’s movements become true? Let’s take a look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $8480.9, with a change of 0.15% since yesterday and -3.87% since last week.
2 - ETH: $181.96, with a change of 1.07% since yesterday and -1.70% since last week.
3 - XRP: $0.261, with a change of 0.12% since yesterday and -6.82% since last week.
4 - BCH: $265.26, with a change of 0.74% since yesterday and -6.15% since last week.
5 - USDT: $1.003, with a change of 0.10% since yesterday and 0.10% since last week.
6 - LTC: $58.31, with a change of 1.27% since yesterday and -6.12% since last week.
7 - EOS: $3.344, with a change of 0.18% since yesterday and -4.27% since last week.
8 - BNB: $20.03, with a change of -1.18% since yesterday and 1.42% since last week.
9 - BSV: $122.26, with a change of -1.28% since yesterday and -5.89% since last week.
10 - XLM: $0.07151, with a change of -0.82% since yesterday and -2.26% since last week.
What many analyst defended and we reported last week became a reality: BTC dropped even further, breaking it’s former resistance of $8,500, leaving it trading around that mark since yesterday after climbing up to $9,115 on Monday, dropping a few hours later and again on Friday. As expected, the rest of the market followed this trajectory, losing nearly $15 billion in total.
This is an additional sign that supports that the crypto market will end the year in a downwards trend, something that has bullish traders very concerned while the most bearish portion of the users are satisfied that their predictions are coming true, though not as fast as they claimed.
Of course, we’ve only seen this theory become true for one week, but the signs point towards this scenario repeating frequently for the rest of the year. We will see how the market fares in the following seven days and report again next Saturday.
Top 10 Cryptocurrencies - Performance
1 - VEE: $0.002798, with a change of 143.94% since last week.
2 - OMNI: $4.318, with a change of 92.85% since last week.
3 - PINK: $0.002459, with a change of 85.87% since last week.
4 - XHV: $0.2954, with a change of 69.67% since last week.
5 - BETR: $0.001092, with a change of 56.47% since last week.
6 - PLR: $0.04395, with a change of 38.60% since last week.
7 - LEND: $0.01959, with a change of 37.96% since last week.
8 - B2G: $0.0005936, with a change of 34.57% since last week.
9 - BCD: $0.4839, with a change of 32.60% since last week.
10 - KICK: $0.0002893, with a change of 31.08% since last week.
This means that our feature for next week will cover BLOCKv, a platform that allows for developers to create Vatoms, virtual objects replicated and stored in a system built on top of the Bitcoin blockchain to integrate them to the services they offer, which is currently oriented towards the digitization of retail marketplaces by offering tools suited for advertisement and customer engagement.