The cryptocurrency market has been on fire recently.
Bitcoin broke above the critical resistance of $18,000 and tested a new high of 2020, with all significant altcoins gaining ground.
The total capitalisation of all digital assets in circulation increased to $535 billion, having gained over $80 billion in the past seven days.
The best performers of the week are Yearn.Finance, Wave, and XRP. These altcoins gained over 50% in the past seven days.
Yearn.Finance hits resistance at $30,00.
Yearn.Finance (YFI) hit the area above $30,000 on Friday, Nov 20, and retreated to $26,300 by the time of writing.
The coin has lost over 6% on a day-to-day basis. However, it is still 57% higher on a weekly basis.
Yearn.Finance is currently the 32nd-largest digital asset with a current market capitalisation of nearly $800 million. The average daily trading volume is registered at $860 million.
Waves bulls aim at $8.
Waves is another big winner of the week.
The 37th-largest digital asset with the current market capitalization of $670 million jumped over 50% in the past seven days to trade at $6.5 at the time of writing.
XRP is the biggest winner out of top-3.
Ripple's is another winner of the week.
The third-largest digital asset gained over 52%, and the retested area above $0.43 on Sunday before retreating to $0.40 by the time of writing.
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23 Nov 2020, 12:10 を編集しました
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