The last seven days were negative overall for altcoins of all sizes. ALts keep suffering because of BTC rallying and catching all the attention. Bitcoin even pushed near 14’000 USD just to fall back in 13’000 USD territory, but its upward trajectory seems still in place. Large-caps still overperformed Mid and Small-caps during the week.
The last seven days saw a mixed cryptocurency market, which was actually split in half. Bitcoin and Top coins underperformed the rest and registered a negative performance on aggregate. On the other hand, Small and Medium coins saw a very good performance in the last seven days, the first in particular.
Currencies, Platforms and Tokens were able to overperform BTC overall. Despite this, BTC dominance remained pretty much stable during the week at 65%. Some very good performers in the Tokens and Platforms sectors skewd the respective indexes’ results, which are overall not as good as the past week’s.
Currently, the coin showing the lowest level of correlation is IoTeX (IOTX). IOTX has a price of 0.005 USD and a market capitalization of almost 28 million USD, up more than 100% in the last month.