Bitcoin hit Another all-time high today – but the strong gains look modest compared to what other digital coins and tokens have seen this week.
of The biggest digital asset It has increased by about 10% in the last seven days, according to CoinGecko data It shows. And as usual, it has brought the rest of the market with it. These major altcoins are killing it by comparison.
Bitcoin forks
BTC crossed $70,000 on Friday before dropping sharply. But Forks It's rising from the big coin.
Bitcoin Cash (BCH) It was up 40 percent last week. The 20th largest coin by market cap has surged with BTC, which is not usual.
It is now worth $432.82, according to CoinGecko. But despite the recent price jump, BCH is still below its all-time high of $3,785. He didn't touch that level during the last bull run, but back in 2017.
Bitcoin SV (BSV) It made a big gain for the week—though not quite as spectacular: The controversial move and the 59th largest coin soared nearly 32 percent in market value, trading hands at $110.28.
A lesser known branch of Bitcoin as Bitcoin Gold (BTG) They jumped more. The mostly-failed obscure asset nearly doubled in value this week.
Meme coins and tokens
A week later, memes They were in a great procession.. Two of them are in the top 20 virtual coins by market capitalization. Shiba Inu (SHIB) And Dogecoin (DOGE).
This week alone Ethereum-Based SHIB grew by 139% in a week. As the 11th largest digital asset, it is the biggest winner among the major cryptocurrencies and is currently valued at $0.00003511.
The main meme coin and the 10th largest coin DOGE is up almost 28% and is trading at $0.16.
Love the small cap memes pepper And Dogwhiphat (YF) It also increased by 116 percent and 126 percent. FLOKI, which is slightly more obscure, has it too. He rose quickly.
Decentralized Finance (DeFi)
DeFi Tokens — which run on blockchains — are also on the cards, hoping to replace traditional financial services.
Uniswap (UNI)The management token behind the largest decentralized exchange is killing it, shooting up 25% in the last seven days.
And Lido Staked Ether (STETH)The 14th largest digital asset, Ethereum (ETH) surged sharply—jumping nearly 15% last week.
Edited by Ryan Ozawa.
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