The 99-periods Moving average which was being tested a couple weeks ago held as a support and this keeps the general uptrend for BTC still intact.
On Friday, the market experienced some turbulence after the news that one of OKEx exchange keys-holder was cooperating with a public security bureau because of an investigation. This in turn caused the freezing of withdrawals from the exchange and BTC price to drop 3% in minutes. However, the 11’000 USD level was not touched and the price rebounded afterwards.
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 last seven days negative positive for the cryptocurrency market, which is still struggling to find a clear direction and is in a lateral phase. All our sectors were negative, with currencies overperforming both tokens and platforms.
The past week was mildly negative for the cryptocurrency market. BTC price experienced some news-induced volatility during the last days of the period but the performance was not significantly in the red overall.
The last seven days saw a general recovery of the cryptocurrency market after a very negative past week. All our dimension-based indexes performed positively and overperformed BTC. Mid-caps performed better than their peers, with small-caps besting large-caps for the second place.
The last seven days were positive for the cryptocurrency market, which was coming from a difficult week. All our sectors were positive and overperformed BTC.
Platforms and tokens fared better than currencies, which is something we often observe in a bull market.
The past week was significantly negative for the cryptocurrency market. BTC price experienced some volatility and rebounded on its 100-periods daily moving average after falling consistently. All the top cryptos fell, with only Cardano (ADA) being able to report a positive result.
The last seven days saw a significant negative performance for BTC and for altcoins of all levels of market capitalization as well. Some turbulence spilled over from traditional financail markets to cryptocurrencies and caused a fair amount of market turmoil.Large-cap cryptos held better than their peers, with mid-caps second and small-caps finishing last in terms of return.
The last seven days looked moderately negative in terms of performance up until the final 24 hours, when things turned for the worse and ended in a very negative week for all the cryptocurrency sectors.
Platforms and tokens underperformed currencies and BTC fared better than all, in a classical bear market fashion.
The past week was overall positive for the cryptocurrency market, despite not all the top coins posting positive performances. BTC catched the bulk of investors’ attention pushing to 11’000 USD. Some of the altcoins, however, were even able to beat its performance and catch a fair share of the spotlight.