The last seven days saw very positive performances overall in the cryptocurrency market, with improvements coming at all levels of market capitalization. The second half of the week actually saw even an acceleration of the trend, which gained positive momentum.
vet price analysis
The last seven days were positive overall for the cryptocurrency market, with all our sectors registering performances in the green. Currencies, Platforms and Tokens rose more than BTC. Platforms were the best performing sector, with Tokens a pretty close second and Currencies and BTC more distanced.
Top coins in terms of market capitalization posted the worst result overall as already mentioned for the second consecutive week. This time, however, they shared the worst spot in terms of performances with Mid-cap coins. On the other hand, BTC was able to close the week on a more positive tone and finished better than both. The overall effect resulted in a basically unchanged level of BTC dominance.
The last seven days were negative overall for the cryptocurrency market, with all our sectors registering negative performances. Currencies, Platforms and Tokens fell together with BTC. Tokens were the best performing sector for the second consecutive week, although the difference in performance between sectors was minimal with respect to what we have seen in the past
Bitcoin was actually overperformed by all our groups. Top coins in terms of market capitalization posted the best result overall, followed by medium and small projects. BTC’s dominance keeps therefore falling and is now below 65%. There is still plenty of space for it to reduce even more, with investors apparently considering BTC alternatives in the cryptocurrency space more and more, as testified by our aggregates’ performances this week.