Weekly Crypto: The big currencies went down – but the market went up

by time news

Cardano (freepik photo)

This week comes down to declines in most major digital currencies, but the market as a whole ends it with a slight increase of almost 0.6% compared to last week, when the total value of all currencies together rose from $ 1.224 trillion a week ago to $ 1.231 trillion this week.

Bitcoin, the oldest and largest currency in the market, which alone accounts for almost half of the entire market, has fallen in the last seven days by one and a half percent to a price of thirty thousand and thirty dollars, and its market value has dropped to $ 572.5 billion.

Etherium, the second most important currency, on which mass currencies and most of the NFT market are based, recorded a decline of three percent and a third, to a price of $ 1,773 per currency and a total market value of about $ 215 billion.

Binance Coin is the negative surprise of the week, with a sharp decline of 6.1% after in previous months maintaining stability and minor changes relative to the rest of the currencies. It is currently priced at $ 289 per currency and its market value is just over $ 47 billion.

Cardano is the biggest gainer in the top ten, with a weekly increase of 4.7% in anticipation of an update coming soon and making it a much more serious competitor of the two major currencies.

Ripple fell one percent and one-fifth last week, to a price of 40 cents a coin and a market capitalization of $ 19.4 billion.

More in-

Solana recorded a decline of almost 4% to a price of just over $ 39 per currency and a total market capitalization of $ 13.5 billion.

And DogeCoin ends this week down 4.1%, with its price going back to a few decimal points below 8 cents and its market value at about $ 10.6 billion.

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