Top cryptos have seen some of the biggest gains for the year during the past week, as Bitcoin is most possibly dictating positive momentum in the cryptocurrency market with the latest bull run. The current BTC rises are most probably related to the post-halving period that usually brings gains to the top crypto anywhere from several months to up to a year since the halving. How BTC, ETH, LTC, and XRP performed during the last seven days?
Bitcoin (BTC) Weekly Market Report
Bitcoin is showing radically positive momentum in the last few weeks, including the last seven days when the top crypto scored nearly 13%. That is how BTC commenced the week at the price of nearly 14,100$, trading at the value of nearly 15,800$ after 7 days. The yearly gains are set at the amazing 74.5% with the latest price correction, making BTC one of the most profitable assets in the crypto market.
Ethereum (ETH) Weekly Market Report
Ethereum might be following Bitcoin’s trajectory with the latest gains, however, Ethereum has also become the epicenter of development for DeFi projects that are becoming more popular from day to day. Ethereum started the week at the price of 400$ and is currently going for 500$ at the value of 469$. Weekly gains are set at 21.1% with the yearly gains of 148.3%, surpassing BTC gains for the year.
Litecoin (LTC) Weekly Market Report
Litecoin started the week at 54$, now trading at the value of 60$. For the last seven days, Litecoin scored 11.7% with positive returns on all charts except for the yearly. Despite the latest gains, LTC is showing a loss of -5.6% for the year.
Ripple’s XRP Weekly Market Report
Ripple’s coin XRP started the week at the value of 0.23$ where it traded above its previous support set at 0.24$. After reaching 0.26$, XRP dropped to 0.25$, usually trading at the price range between 0.24$ and 0.25$. The weekly gains for Ripple’s XRP are set at 8.3%. The yearly chart is showing losses of -7.3%.