{"id":13585,"date":"2021-10-25T20:54:05","date_gmt":"2021-10-25T20:54:05","guid":{"rendered":"https:\/\/www.buyucoin.com\/crypto-labs\/swarm-of-alternative-crypto-assets-outpace-bitcoins-gains-by-double-digits-this-week\/"},"modified":"2021-10-25T20:54:05","modified_gmt":"2021-10-25T20:54:05","slug":"swarm-of-alternative-crypto-assets-outpace-bitcoins-gains-by-double-digits-this-week","status":"publish","type":"post","link":"https:\/\/www.buyucoin.com\/crypto-labs\/swarm-of-alternative-crypto-assets-outpace-bitcoins-gains-by-double-digits-this-week\/","title":{"rendered":"Swarm of Alternative Crypto Assets Outpace Bitcoin\u2019s Gains by Double Digits This Week"},"content":{"rendered":"

After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have outperformed bitcoin\u2019s weekly rise, capturing double-digit gains as high as 65.1%.<\/strong><\/p>\n

Thorchain, Nexo, Near, Okb, Shiba Inu, Safemoon Values Spike<\/h2>\n

Digital currency markets are on the move again as the $2.733 trillion market valuation of all 10,000+ crypto assets is up 4.6% on Monday. BTC<\/a> has jumped a bit higher during the latter half of Sunday\u2019s trading sessions into Monday and BTC<\/a> has gained 2.4% this past week. But there\u2019s over 55 different digital assets that have outperformed BTC<\/a>\u2019s weekly gains.<\/p>\n

The top seven-day gainer this week is thorchain (RUNE) which has jumped a whopping 65.1% this past week. The crypto asset thorchain has a $3.3 billion market capitalization and $208 million in trade volume on Monday. Nexo (NEXO) spiked 61.6% during the last week and has a market cap of around $1.5 billion.<\/p>\n<\/p>\n

Nexo is followed by okb\u2019s (OKB) gains which have jumped 61.5% this week and near\u2019s (NEAR) value rise of 56.1%. Shiba inu suffered some losses after Elon Musk said he didn\u2019t own any SHIB but the meme-currency did gather 53.2% in gains this week. Harmony (ONE) did well this past week obtaining 47.5% and safemoon (SAFEMOON) lifted 45.8%.<\/p>\n<\/p>\n

Ethereum Gains 9% Pushing Market Dominance to 18.2%<\/h2>\n

As far as the top ten crypto are concerned, ethereum (ETH<\/a>) has risen 9.4%, binance coin (BNB<\/a>) spiked 3.4%, solana (SOL) is up 33%, polkadot (DOT) up 5.7%, and dogecoin (DOGE) jumped 10.7%. With a $2.733 trillion market valuation, all the digital assets today have seen around $125 billion in global trade volume.<\/p>\n

Ethereum\u2019s 9.4% gain has cushioned ether\u2019s dominance level this week as it has tapped 18.2% on Monday. Bitcoin\u2019s dominance level has dropped a couple of percentages from over 45% to 43.5% on Monday afternoon.<\/p>\n

Furthermore, binance coin (BNB<\/a>) has a market cap dominance of around 3.09%, the stablecoin tether (USDT<\/a>) commands 2.72%, cardano (ADA<\/a>) 2.71%, and solana (SOL) 2.43% in terms of market dominance among the 10,000+ crypto assets.<\/p>\n

What do you think about the crypto market performers this past week? Let us know what you think about this subject in the comments section below. <\/strong><\/em><\/p>\n

Bitcoin News
\nMarkets and Prices, Bitcoin, bnb, Consolidation, crypto assets, crypto economy, Crypto Prices, Cryptocurrency, Dominance, Dominance Levels, Double-Digit Gains, Ethereum, Gainers, Gains, Harmony, Losers, Markets, markets and prices, NEAR, Polkadot, Prices, Safemoon, shib, Solana, Thorchain, thorchain (RUNE)<\/p>\n","protected":false},"excerpt":{"rendered":"

After the price of bitcoin tapped an all-time high above the $67K handle, it then dropped below the $60K zone to $59,510 per unit. Since then, the leading crypto asset has regained some of the losses and bitcoin is still up 2.4% during the last seven days. However, a great number of crypto assets have…<\/p>\n","protected":false},"author":0,"featured_media":13586,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[53,3],"tags":[],"class_list":["post-13585","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain-news","category-coin-news"],"_links":{"self":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13585"}],"collection":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/comments?post=13585"}],"version-history":[{"count":0,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/posts\/13585\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media\/13586"}],"wp:attachment":[{"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/media?parent=13585"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/categories?post=13585"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.buyucoin.com\/crypto-labs\/wp-json\/wp\/v2\/tags?post=13585"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}