Crypto Marketcap, a smal-caps party

The last seven days were very positive overall for altcoins of all sizes. Bitcoin keeps rising convincingly but is not overshadowing altcoins anymore. Small-cap cryptos in particular registered a stellar performance with the index gaining circa 25 points. Large-caps and mid-caps were not sleeping, however, with the latter overperforming the former and BTC as well.


The Large projects, i.e. our selection of cryptocurrencies with a high market capitalization, performed worse than their peers but were still convincingly positive.

The intra-group correlations were higher than last week at 0.75 on average, with Bitcoin (BTC) posting the lowest level at circa 0.65.

On the other hand, the worst performing project was Monero (XMR), which closed the week with a -0.71% result w/w.


The intra-group correlations for mid-cap coins were slightly lower than the past week with a value of 0.63. Hedera Hashgraph (HBAR) posted the lowest value at 0.38.


The correlation between small projects was higher than last week with an average of 0.49, with Stratis (STRAT) posting the lowest value again at 0.35.


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 11th November 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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