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 cryptocurrency market has taken a breath during the past week after several weeks of very good performances. Some of the altcoins still posted good results, but the general context was for sure weaker than it was a week ago.
BTC dominance recovered a little but is still below 60%. There aren’t any particular news or development triggering the pause of the upward movement, therefore there is no actual reason to suppose that the positive mood of the market in the last month is coming to an end. This looks more like a lateral week for the market. BTC even tried to push over 12’000 USD and then came back, possibly causing the cool-off of altcoins as well.
The past week was another positive one overall for the cryptocurrency market, with some very impressive performances among the top cryptocurrencies. Bitcoin was in the middle of the pack in terms of performance and is steadily losing ground with respect to its dominance.
The past week was another very positive one for the cryptocurrency market, which saw the another seven days of impressive performances all over the place . Bitcoin was just moderately up at the end of the week but tried to push to USD 12’000 a couple times, providing boost to the market.
The last seven days saw moderately positive performances overall in the cryptocurrency market. All the indexes overperformed BTC, which finished the week with a negative result. No one overperformed the others and the only clear trend going on is the overperformance of Altcoins with respect to BTC.