The market has witnessed a generally bearish recession when the date of its historic run approaches. Although the space continues to see interesting developments in terms of custody solutions, market maturation and the entry of institutional developments, the market continues to not shake off the strong hold of the bear stable.
Also this week, the market is experiencing a general downward trend, generally due to the lack of market momentum seen in Bitcoin [BTC] particular market.
# 1 Cash of Bitcoin [BCH]:
Bitcoin Cash has undoubtedly been the protagonist of the media's eyes, given that his upcoming hard fork has everyone in the crypto-space aspect. However, as a result of its astronomical surge last week, the currency is undergoing a 15.6% retracement in the red zone, making BCH the biggest loser in this week's bearish experience.
It currently has a loss of 2.6% over the last day with a trading price of $ 524 and a market cap just under 1/10 of Bitcoin at $ 9.1 billion.
# 2 Tron [TRX]:
Tron [TRX] is the second biggest loser of this week with a loss of 9.99% over time, with a loss of 2.6% that continues in the 24-hour zone. The currency is trading at $ 0.02 with a market capitalization of $ 1.4 billion, placing its position on CoinMarketCap just below that of the Tether USD.
# 3 Litecoin [LTC]:
Litecoin is the third biggest loser of this week with a loss of 9.4% in the last 7 days, culminating today in a loss of 1.1%. This puts it at a price of $ 50.2 with a market capitalization of $ 2.9 billion.
# 4 Cardano [ADA]:
Cardano is also suffering a heavy loss of 8.4% during the week and 3% in the last 24 hours, reducing its price to a minimum of $ 0.07. This puts its market capitalization at $ 1.8 billion and makes it the 4th biggest loser in the bearish downward race.
# 5 EOS:
EOS is far behind, as the currency has just lost its position and is now at no. 6 from market capitalization. It is exceeding the market capitalization of XLM of $ 100 million, with a market capitalization of $ 4.7 billion and a price of $ 5.2. It is suffering a loss of 8.3% during the week, with a loss of 2.4% in the last 24 hours. This puts him in the position of being the fifth biggest loser during the week.
# 6 Monero [XMR]:
Monero is another coin that appears to be resilient to bear attacks, with its loss reaching half of the group at 6.5% during the week. However, it suffered only a loss of 0.5% in the last 24 hours, putting its price at $ 104 with a market cap close to that of Cardano to $ 1.7 billion.
# 7 Ethereum [ETH]:
The second largest cryptocurrency, Ethereum, began to experience a general downward spiral to once again bounce off the $ 200 mark. It is currently suffering a 5.2% loss compared to last week, with a loss of $ 19. 1.2% in the last 24 hours at a price of $ 206 and a market capitalization of only $ 900 million beyond its closest competitor to $ 21.3 billion.
# 8 XRP:
It seems that the XRP is accumulating a positive feeling, seen by the variety of good news for coin HODLers. However, the price does not reflect the same, as it observed a 1.4% drop during the day, adding 4.4% to the weekly loss. This marks its place as the 3rd lowest loser over the period of time, with its current price of $ 0.50 and a market capitalization of $ 20.4 billion.
# 9 Bitcoin [BTC]:
The cryptocurrency n. 1 did not present any of its characteristic knife drops or its stelloscopic growth in the last 2 months, leading many to believe that traders are slowly leaving the market for greener pastures.
The currency has decreased by 2.75% compared to last week, with a slow decline of 0.38% in the last 24 hours. It is currently resting at a price of $ 6531, with an undisputed market capitalization of $ 110.3 billion. It is therefore the second lowest loser of last week.
N. 10 stellar lumens [XLM]:
Stellar Lumens was the coin with the largest number of armor against bear attacks, apparently, leading to a loss of only 2.3% in the last week, making it the lowest loser. However, the currency is suffering a loss of 5.2% over the last day and now has a trading price of $ 0.25 and a market capitalization of $ 4.8 billion.
The crypto-market could be set up for another recovery rally. However, all that the market seems to want is the volatile market movement seen by the currencies before this period of extended volatility.
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