The cryptocurrency market has seen a mix of performances this week, with some coins showing significant growth while others have maintained a steady pace.
Bitcoin BTC/USD, the world’s largest cryptocurrency by market cap, traded at $26,576.25 on Sunday morning, up 3.18% over the past week. The 24-hour price change was a modest 0.17%.
Ethereum ETH/USDThe second largest cryptocurrency, altcoins, was priced at $1,729.71, up 1.36% on the week and 0.90% over the past 24 hours.
lanyard USDT/USDThe stablecoin, pegged to the US Dollar, maintained its $1.00 value with a minimal gain of 0.02% on the week and 0.07% over the past 24 hours.
bnb bnb/usdThe coin, native to the Binance exchange, traded at $245.93, showing an increase of 3.75% on the week and 0.29% over the past 24 hours.
Finally, usd coin USDC/USDAnother stablecoin, Binance Coin also maintained its $1.00 value with a slight increase of 0.05% on the week and 0.01% over the past 24 hours.
Moving on to the top performers of the week in the Top 100 cryptocurrencies, we have:
Needle sui/usd Leads the pack, trading at $0.7661 with a gain of 25.76% during the week. The 24-hour price change was 0.64%.
KuCoin Token kcs/usd It traded at around $7.33, up by 24.19% during the week. The 24-hour price change was 0.98%.
trust wallet token TWT/USD It saw an increase of 20.50% during the week, trading at $0.8957. The 24-hour price change was a significant 5.23%.
aptos apt/usd It traded at $7.11, up 19.84% during the week. The 24-hour price change was 6.05%.
Finally, Phantom ftm/usd It saw an increase of 14.30% during the week, trading at $0.2723. The 24-hour price change was 1.13%.
in the news, Binance faced liquidity issues While bitcoin clashed with the sheriff’s office over a mining operation. During this, regulatory crisis Bitcoin, Ethereum and Dogecoin continue to impress the market with trading mixed.
On a positive note, blackrock etf news Promoted Bitcoin, Ethereum and Dogecoin. However, the market reacted negatively to Jerome Powell’s comments on future rate hikes, leading to losses in Bitcoin, Ethereum, and Dogecoin.
Despite these challenges, some analysts expect 100X growth for Bitcoin, Ethereum and Dogecoin post-CPI data. However, others have voiced Mayday after a crypto crash preceded the CPI data.