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. Tokens were the best performing sector for the third consecutive week, with Platforms a pretty close second and Currencies and BTC more distanced.
Weekly Sectorial Report
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
The last seven days were positive overall for the cryptocurrency market, with all our sectors registering a positive performance for the second consecutive week.Currencies, Platforms and Tokens were all able to overperform BTC. After a week of Platforms’ dominance, Tokens are back in full swing as the best performing sector according to our indexes. Platforms still managed to hold the second spot, while Currencies were the worst-performing sector, having been affected by a subpar BTC performance.
Currencies and Platforms were able to overperform BTC, while Tokens ranked last and marginally underperformed it. Platforms’ performance was mainly due to two coins offering a very positive result overall, and thus skewing the result. That said, Platforms gut us used to that behavior in the last months and were coming from a relatively quiet period, so this performance was due to happen first or then.
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.