The last seven days were great for the cryptocurrency market. BTC kept rising after the already very positive performance of the past week. However, this time altcoins had their fair share of success as well. Projects of any size enjoyed double-digit positive perofrmances, with BTC only able to overperform our small-cap index. Mid-caps registered the best performance, just barely beating large ones.
The last seven days were negative overall for altcoins of all sizes. BTC catched all the spotlight crossing the 12’000 USD level and pushing towards 13’000. Alts lagged behind. Small-caps suffered the most, followed by mid-caps and large-caps.
Trend and momentum indicators technical analysis for a selection of cryptocurrencies, with top and worst on a daily timeframe. Featuring HOT, XMR, CTXC, XLM, CVC, HBAR, NULS, ETC, MCO, BEAM
The past week was very positive for the cryptocurrency market, which saw good performances all over the Place among top projects. It Is interesting to note how all the coins we follow consistently overperformed Bitcoin in the last seven days.
The correlation matrix above refers to the last 30 days. It is possible to see how correlations were pretty high among top crypto projects, with the average value slightly higher than 0.75.
Stellar Lumens (XLM) showed the lowest level, approaching 0.65 during the period. We cover top projects in our weekly reports.