RATE Group | Top-5 Crypto Performers: EOS, LEO, ETC, ADA, XMR
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Top-5 Crypto Performers: EOS, LEO, ETC, ADA, XMR

01 Aug Top-5 Crypto Performers: EOS, LEO, ETC, ADA, XMR

Posted at 06:29h in Ethereum News by

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The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision.

The market data is provided by the HitBTC exchange.

There is a sea of red as most of the top 20 currencies are showing negative returns for the week. This shows that the market is in a bear grip. The total market capitalization has dipped from over $385 billion on June 27 to just over $262 billion at press time. Though Bitcoin prices have also corrected in the past few days, the leading digital currency has managed to hold market dominance above 64%. This shows that market participants prefer Bitcoin over altcoins.

Galaxy Digital CEO Mike Novogratz believes that Bitcoin is likely to consolidate between $10,000 and $14,000. However, once institutional interest picks up, Bitcoin will move up to its all-time-highs before the end of this year. Let’s…

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