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.