Crypto Marketcap, large-caps hold the ground while smallest projects drop

The last seven days saw a very negative performance for altcoins, which suffered from a sudden BTC downward movement at the start of the week and were not able to recover afterwards. Small-caps suffered the most, followed by mid-caps and large-caps.


The Large projects, i.e. our selection of cryptocurrencies with a high market capitalization, held better than their peers during the week.

The intra-group correlations were slightly lower than last week at 0.75 on average, with Monero (XMR) posting the lowest level at circa 0.54.

On the other hand, the worst performing project was again Neo (NEO), which closed the week with a -11.07% w/w result.


The intra-group correlations for mid-cap coins were higher than last week with an overall average value of 0.64. Hedera Hashgraph posted the lowest value at 0.49.


The correlation between small projects was higher than past week with an average of 0.48, with Tomochain (TOMO) posting the lowest value again at 0.27.


The views expressed in this report reflect the analysts’ personal views about the cryptocurrencies subject of the report. These views may change without notice and are subject to market conditions. The report is prepared for information purposes only and by no means constitutes a solicitation to investment or disinvestment. All the data are taken from Binance at 15:00 UTC on the 7th of October 2020. USD and USDT are used interchangeably for illustration purposes. All the presented valuations, indicators, and analyses are subject to errors. The report is for personal use only and should not be republished or redistributed

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