Over the past week, the situation on the cryptocurrency market has developed as much as possible opposite to that which has been observed for several previous weeks in a row, since the rates of most coins have collapsed.
So, the bitcoin rate fell by 13.5% over the week and now stands at $ 44.7 thousand. The market capitalization of the world’s main cryptocurrency fell to $ 840 billion. A week ago, Bitcoin was worth 52 thousand dollars, and the capitalization was approaching 1 trillion dollars.
For one Ethereum a week ago, they gave about 4 thousand dollars, and today the cryptocurrency is worth 3.27 thousand dollars, while the market capitalization of Ethereum is 384 billion dollars. Over the week, the rate fell by 16.45%.
The Dogecoin cryptocurrency, backed by Elon Musk, is trading for just $ 0.24. Over the past 7 days, it has plunged 22.6%, and Dogecoin’s market cap has dropped from $ 41.2 billion to $ 31.5 billion.
However, there are also coins that significantly added this week: Algorand (+ 65.6%), Harmony (+ 52%), Elrond (+ 40%), NEAR Protocol (+ 33.4%), Hedera Hashgraph (+ 27.8%), Tezos (+ 27%), Cosmos (+ 24%).
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