It’s time for another weekly recap! January is over, meaning that some of the “New Year’s Hype” is meant to wear off, so cryptocurrency could start moving in a more controlled manner. Let’s take a look at how the top 10 tokens by market capitalization fared these past few days, along with the best performing tokens in the week:
Top 10 Cryptocurrencies - Market Value
1 - BTC: $9338.35, with a change of -0.04% since yesterday and 11.89% since last week.
2 - ETH: $182.04, with a change of 1.27% since yesterday and 13.52% since last week.
3 - XRP: $0.2384, with a change of -0.29% since yesterday and 8.71% since last week.
4 - BCH: $378.22, with a change of 0.92% since yesterday and 21.98% since last week.
5 - BSV: $279.78, with a change of 2.54% since yesterday and 6.98% since last week.
6 - LTC: $69.93, with a change of 2.90% since yesterday and 31.27% since last week.
7 - USDT: $1, with a change of 0.06% since yesterday and -0.20% since last week.
8 - EOS: $4.162, with a change of 0.24% since yesterday and 19.02% since last week.
9 - BNB: $18.12, with a change of -0.71% since yesterday and 6.78% since last week.
10 - ADA: $0.05385, with a change of 0.04% since yesterday and 22.72% since last week.
In an interesting turn of events, cryptocurrency keeps striding ahead as global events keep driving people towards alternatives to traditional assets. This time, the outbreak of coronavirus in China and the slow spread to other parts of the world has stock markets on the ropes, with the U.S. market recording its largest drop since October.
This increase in demand is always beneficial for cryptocurrency, which is why BTC broke the $9,000 mark for the first time in a couple of months, and analysts are starting to forecast a break through the $10,000 line in the following days or weeks. We will see in our next recap if these predictions come true.
Top 10 Cryptocurrencies - Performance
1 - WIN: $0.01269, with a change of -4.70% since last week.
2 - PRE: $0.03267, with a change of 152.47% since last week.
3 - XDN: $0.0002857, with a change of -2.12% since last week.
4 - XZC: $8.077, with a change of 72.51% since last week.
5 - SHIP: $0.008733, with a change of 104.19% since last week.
6 - OMNI: $1.16, with a change of 0.00% since last week.
7 - PBT: $293.5, with a change of 58.26% since last week.
8 - ICX: $0.2563, with a change of 65.78% since last week.
9 - SLS: $5.873, with a change of 125.11% since last week.
10 - FNB: $0.002707, with a change of 54.42% since last week.
This means our feature for next week will cover WINk, a gaming- and gambling-centered platform that offers opportunities to their users to generate profits by making transactions and bets with their TRON-based token.