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On January 5, as Bitcoin fell below $44,000 during the late afternoon (EST) trading session on Wednesday afternoon, the digital currency market fell sharply. Almost every token depreciated within 24 hours, but a large number of encrypted assets achieved double-digit growth and managed to avoid the downturn of the crypto economy.
This week’s double-digit cryptocurrency winners
At the time of writing, the crypto economy has fallen by more than 7% on Thursday, January 6, 2022, to a low of $2.16 trillion. The price of Bitcoin (Bitcoin) This week it fell by 7% and fell below the $44,000 area from the $46,000 area 24 hours ago. BitcoinThe current 24-hour range is between the lows of $46,901 per unit and $42,466 per unit.
Other top crypto assets have depreciated sharply like Ethereum (Ethereum) Fell more than 10%, Binance Coin (Bitcoin) Has fallen by more than 8%, and the dollar value of solana (SOL) has fallen by more than 11%. The weekly indicators were recorded at 9:45 AM (Eastern Standard Time) on January 6, 2022.
Although most of the existing 12,000 crypto assets have shrunk significantly, many digital coins have achieved double-digit gains against the U.S. dollar in 7 days. For example, penetration (OSMO) rose 41.3% this week, and the universe (atom) Rose by 34.9%. Followed by fantom (FTM) (+32.5%), ravencoin (RVN) (+27.7%) and Internet Computer (ICP) (+25.9%).
MIOTA, SPELL, SUSHI, KDA lose double digits this week
Harmony (ONE) rose 25.7% last week, chainlink (LINK) rose 23.5%, and Yearn Finance (YFI) rose 23.3% in 7 days. In addition to the above-mentioned risers, celo, curve, mina protocol, near, klaytn, thorchain, stellar, helium, kucoin token, bittorrent and oasis are still rising this week, with an increase of 1% or more. The biggest loser in the past 7 days is iota (MIOTA), as the value of crypto assets has fallen by 19.5%.
MIOTA is followed by SPELL (-18.8%), SUSHI (-18.5%) and Kadena (KDA) (-16.7%). At the time of writing, there are more than a dozen stablecoins that are the only tokens that can avoid a 24-hour decline, and their global trading volume is about 98.2 billion U.S. dollars. Statistics show that 61.95% of all transactions on January 6 were for countless stable currency encrypted assets.
What do you think of the double-digit crypto asset gainers this week? Please tell us your thoughts on this topic in the comments section below.
Image Source: Shutterstock, Pixabay, Wiki Commons, coingecko, tradingview,
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