As yet another week passes, we will examine some of the best-performing cryptocurrencies over the past seven days.
It’s safe to say that the week has treated the markets well, with the total capitalization growing to $2.55 trillion, adding over $150 billion. This comes on the back of impressive performances on all fronts, so let’s first start with Bitcoin.
Bitcoin Soars 11% in Impressive Recovery
Despite not being the top performer, Bitcoin surely made waves in the past seven days, surging by a whopping 11% in the process.
As you can see in the chart below, it’s been mostly up only since July 14th, when the BTC price took off.
Source: TradingView
The price tried to claim the $68K level yesterday but was unable to do so as the bears stopped the rally preemptively. BTC is now found in an intraday correction, trading below $67K.
Nevertheless, its impressive performance throughout the week has also had an impact on the broader crypto market sentiment, which is currently in a state of
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