It’s not hard to agree that the last seven days were dull. Another week comes to an end as most coins fail to perform. The crypto market closed last week with a loss of 3%. We saw a low of $1.31 trillion and a high of $1.48 trillion over the last seven days.
Most coins contributed to the loss the industry suffered. The King coin also failed to excite as it closed the week losing 1%. BTC saw a high of $35,296 and a low of $32,104. The week started bearish for the coin as it lost 4% on the first day of the week. The price drop left bitcoin struggling through the week.
The anticipation of the new Ethereum hard fork was not strong enough to push it to a positive end last week. ETH close its first negative week this month with a loss of more than 7%. The largest alt saw a high of $2,410 and a low of $2,047 during the last seven days.
The coin with the heaviest loss last week is Telcoin. The struggling coin surged as high as $0.022 and dumped low as $0.17 over the last seven days. Tel took the market by storm two months ago when it surged to its all-time high of $0.066. The current price suggests that the now 76th coin by market cap is now over 70% below its ATH as it loses 28% during the time under consideration.
Some coins in the top 100 also performed excellently as they ended last week with gains. The top gainer from last week is Axie Infinity. AXS gained 116% in the past week and broke its previous ATH of $19.5 to record a new one at $19.6. Axie Infinity hit a low of $8.1 and a high of $19.6.
The new week is unfolding with BTC leading other coins to another surge. Will this week be like the previous or will there be improvements? Fingers crossed.
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