The last seven days saw a significant negative performance for BTC and for altcoins of all levels of market capitalization as well. Some turbulence spilled over from traditional financail markets to cryptocurrencies and caused a fair amount of market turmoil.Large-cap cryptos held better than their peers, with mid-caps second and small-caps finishing last in terms of return.
The last seven days looked moderately negative in terms of performance up until the final 24 hours, when things turned for the worse and ended in a very negative week for all the cryptocurrency sectors.
Platforms and tokens underperformed currencies and BTC fared better than all, in a classical bear market fashion.
The last seven days were convincingly positive for cryptocurrencies. All kind of cryptocurrency sectors overperformed BTC according to our indexes. Among the different sectors, Platforms took first place in terms of results, beating Tokens by a small margin. Currency projects finished third, slightly overperforming Bitcoin.