August 14, 2022

Bitcoin rose by almost 10%, Ethereum – by 18%

Sunday is the time to sum up the weekly results in the cryptocurrency market. After a sharp drop last week, this is an increase. On a daily basis, the growth is small, a few percent, but on a weekly basis – significant: Bitcoin added about 10%, and Ethereum – all 18% (for 1 ETH now give more than $ 1200). And although cryptozyme is still close, but such growth can not but please investors in the industry.
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However, the leaders of growth in the top 10, not Bitcoin and Ethereum: Dogecoin, which closes the top ten, rose by 10% per day, and almost 30% per week! It is difficult to say whether this is a reaction to Ilona Mask’s words that he will continue to support Dogecoin, but the fact remains

By the way, outside the top 10 in some cryptocurrencies growth is even greater. For example, meme Shiba Inu for the week rose by 45%, Avalanche – by 38%, Polygon – by 67%.

Through a significant rise in Ethereum, this cryptocurrency now makes a greater contribution to market capitalization than before: it now accounts for 15.5%, although previously it was 14%. The king is still Bitcoin, its contribution to the capitalization is 42.4%. Well, the total market capitalization is gradually approaching the mark of a trillion dollars – now it is almost 963 billion.

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