It’s time for yet another recap, where we cover the top ten currencies by market capitalization, analyze quickly how the market caused or react to these movements and cover some news about the crypto landscape, and also find out which were the 10 best-performing tokens of the week. Lets take a look:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $8877.57, with a change of -0.19% since yesterday and 10.63% since last week.
2 - ETH: $175.83, with a change of 3.59% since yesterday and 23.23% since last week.
3 - XRP: $0.2461, with a change of 3.06% since yesterday and 16.36% since last week.
4 - BCH: $345.83, with a change of -5.93% since yesterday and 32.34% since last week.
5 - BSV: $245.9, with a change of -14.29% since yesterday and 62.84% since last week.
6 - USDT: $0.9986, with a change of 0.07% since yesterday and -0.14% since last week.
7 - LTC: $59.25, with a change of -2.74% since yesterday and 19.99% since last week.
8 - EOS: $3.775, with a change of -3.16% since yesterday and 26.04% since last week.
9 - BNB: $17.85, with a change of -0.89% since yesterday and 19.48% since last week.
10 - XLM: $0.06239, with a change of 2.63% since yesterday and 28.88% since last week.
Another week of steady growth for cryptocurrency! The good news began on Tuesday, where BTC climbed nearly 10% in a day, with the rest of the market following its steps. The main reason for this seems to be the successful launch of CME’s BTC options, which managed to overshadow what happened to Bakkt and their proposal of Bitcoin futures. The sentiment generated by the availability of new alternatives of trading is certainly a trigger factor for people to enter the fray, which boosts positive trends like the ones we’re seeing right now.
With BTC now trading near the $9,000 mark, we will have to wait for the following weeks to see how long the bullish tendency stays strong, dragging the entire market up in preparation of a crucial year for cryptocurrency and blockchain as a technology aiming to disrupt new economic landscapes.
Top 10 Cryptocurrencies - Performance
1 - BOS: $0.006111, with a change of 0.20% since last week.
2 - TNC: $0.002751, with a change of 144.97% since last week.
3 - DENT: $0.0001768, with a change of 9.68% since last week.
4 - SBD: $0.9937, with a change of 48.49% since last week.
5 - ADH: $0.0007528, with a change of 31.24% since last week.
6 - AVT: $0.08324, with a change of 29.98% since last week.
7 - BCD: $0.6834, with a change of 82.63% since last week.
8 - BTG: $11.32, with a change of 73.94% since last week.
9 - XEL: $0.006729, with a change of -9.84% since last week.
10 - NLG: $0.01346, with a change of 80.36% since last week.
This means our feature for next week will cover BOScoin, a project that aims to use blockchain to replicate some useful tools of capitalist finances in an entirely digital landscape: credit creation through participation, democratic impact investments and communization of assets, with the goal of solving the current issues with high interest rates.