The last seven days have been filled with a lot of price movements. Most crypto is about closing the week in profit after a bumpy ride through the week. The total cryptocurrency market cap is up by 5% as of the time of writing after the last seven days. Many coins contributed to the gains as they all fought through the fairly dull week. The market took a plunge to $1.95 trillion in the early parts of the duration under consideration – sealing its low for the week and high of $2.20 trillion.
Top Performing Coin
The top-performing coin in the top 100 during this time is Avalanche. The coin is currently trading above $70 after hitting a new all-time high at $76 during the last 24 hours. The milestone set $AVAX at gains of more than 40% in the last seven days. At the start of the week, AVAX dipped below $50 but it hit a rebound at $46 as the buyers rallied the coin from that price mark resulting in Avalanche flipping much resistance over the past seven days.
Bitcoin is up by 6.8% during the time under consideration. A previous analysis earlier this month warned that we may see bitcoin dip as low as $43,000. If the bulls don’t support the $43k mark, BTC may be on a free fall as there are no visible supports until $37,000.