RATE Group | Bitcoin Took a Hit Last Week But These Cryptos Fared Worse
27621
wp-singular,post-template-default,single,single-post,postid-27621,single-format-standard,wp-theme-bridge,wp-child-theme-bridge-child,ajax_fade,page_not_loaded,,qode_grid_1300,side_area_uncovered_from_content,footer_responsive_adv,qode-content-sidebar-responsive,qode-child-theme-ver-1.0.0,qode-theme-ver-13.3,qode-theme-bridge,wpb-js-composer js-comp-ver-7.9,vc_responsive
 

Bitcoin Took a Hit Last Week But These Cryptos Fared Worse

21 May Bitcoin Took a Hit Last Week But These Cryptos Fared Worse

Posted at 14:45h in Bitcoin News by

[ad_1]

Bitcoin hogged the limelight in the cryptocurrency markets last week as it fell to one-month lows below $8,000.

Yet, while the world’s largest cryptocurrency by market capitalization suffered a 3.6 percent week-on-week drop in prices, it still outclassed other major names like bitcoin cash (BCH) and EOS, which both reported double-digit losses.

Meanwhile, the previous week’s winner zilliqa (ZIL) fell almost 20 percent to become the biggest loser among the top 25 cryptocurrencies by market capitalization.

On the plus side, privacy-focused zcash rallied 50 percent and topped the list of winners as investors cheered a new exchange listing.

Top 3 losers (May 11-18)

Zilliqa (ZIL)

Weekly performance: -19.82 percent
All-time high: $0.2306
Closing price on May 11: $0.1677
Current market price: $0.1455
Rank as per market capitalization: 25

Zilliqa dropped close to 20 percent in the week ended May 18, having rallied 13.8 percent in the previous week. However, the cryptocurrency was…

[ad_2]

Article Source

Tags:
, , , , ,