New week, new recap. This time around, the panorama is not as promising as it has been in previous weeks. The overall economic landscape of the U.S. and the possibility of a recession is worrying investors in every asset, looking for those with less volatility and trading as little as they can to reduce risks. Let’s take a look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $10100.64, with a change of -2.02% since yesterday and -14.87% since last week.
2 - ETH: $183.27, with a change of -2.64% since yesterday and -12.92% since last week.
3 - XRP: $0.2604, with a change of -1.44% since yesterday and -12.06% since last week.
4 - BCH: $308.52, with a change of -1.87% since yesterday and -2.00% since last week.
5 - LTC: $74.1, with a change of -2.85% since yesterday and -12.11% since last week.
6 - BNB: $27.44, with a change of -2.38% since yesterday and -7.86% since last week.
7 - EOS: $3.547, with a change of -2.29% since yesterday and -9.19% since last week.
8 - BSV: $135.9, with a change of 0.15% since yesterday and -3.21% since last week.
9 - XMR: $80.29, with a change of -2.73% since yesterday and -14.31% since last week.
10 - XLM: $0.06866, with a change of -2.14% since yesterday and -4.31% since last week.
Drops here, drops there, drops everywhere. The tensions between the U.S. and China have taken their toll in the cryptomarket by raising some warning flags, as if cryptocurrencies weren’t volatile enough on their own. Investors are becoming extremely cautious with their assets, which has flipped the tables in the long-term for most assets. On the other hand, analysts still defend BTC will remain in a bullish trend for the coming months, based on 5- and 10-month moving averages.
In separate news, Stellar recently announce the release of their new platform stellar.org, which caught the eye of many enthusiasts and might result in a short price surge, so it would be nice to keep an eye on it.
Top 10 Cryptocurrencies - Performance
1 - DUSK: $0.2362, with a change of 118.91% since last week.
2 - OCEAN: $0.02176, with a change of 63.00% since last week.
3 - BET: $0.0375, with a change of 44.84% since last week.
4- BCD: $1.22, with a change of 42.56% since last week.
5 - SOC: $0.005764, with a change of 38.79% since last week.
6 - EMC: $0.1416, with a change of 37.16% since last week.
7 - BKX: $0.007485, with a change of 34.21% since last week.
8 - UTT: $0.4426, with a change of 33.76% since last week.
9 - DGTX: $0.05016, with a change of 24.71% since last week.
10 - ETP: $0.88, with a change of 25.73% since last week.
For our next Week’s Best, we’ll be covering the Dusk Network (DUSK), a new blockchain designed to provide confidential proofs of ownership, compliance and funds, streamlining the issuance of digital securities.