As the weekend came, bitcoin calmed and has remained just under $45,000. Most altcoins are in a similar position with slight daily increases. The most substantial gainers are Dogecoin and Cronos (CRO).
The BTC landscape was quite different last Sunday. The asset was gradually declining in value and was close to breaking below $40,000 for the first time in a week.
However, a lot can change in the crypto markets in seven days. Bitcoin initiated an impressive leg up instead of dropping below $40,000 and jumped to $43,000 to mark a three-week high at the time.
It retraced slightly before going back on the offensive, and this time it tapped $44,000. As CryptoPotato reported on Friday, BTC even jumped and briefly exceeded $45,000 for the first time since early March.
The cryptocurrency stalled below that level yesterday and currently sits there as well – just under $45,000. This means that BTC is up by almost 8% in the past week, and its market capitalization stands at $850 billion.
The altcoins are also quite calm on a daily scale. Ethereum reclaimed the $3,000 level this week and hasn’t looked back ever since. After a minor retracement yesterday, the second-largest crypto is now slightly in the green and stands well above $3,100. It’s also up by around 8% in the past week or so.
Binance Coin is close to $420 after an increase of around 1%. Ripple, Cardano, Solana, Terra, Polkadot, Avalanche, and Shiba Inu are all up by a similar percentage.
The most significant gainers from the larger-cap altcoins are Dogecoin and Cronos. Both assets are up by around 5%. Consequently, DOGE sits at $0.14, while CRO is above $0.45.
Yet, Zilliqa has stolen the show as ZIL has soared by over 60%, according to CoinGecko, and sits close to $0.1.
More gains come from Convex Finance (20%), VeChain (14%), and ApeCoin (9%). The crypto market cap has remained slightly above $2 trillion.
