As the week almost draws to a close, it is a perfect time to tally up the gains and losses sustained by some of the top markets. An interesting comparison can be made in terms of BTC and USD gains, as the result is very different. One can only hope this positive momentum carries over to next week, although nothing has been set in stone as of yet.
All Altcoins Gain in USD Value
Despite most markets deriving value from Bitcoin’s uptrend, almost all of them have surpassed the world’s leading cryptocurrency in terms of USD-based gains. Both Binance Coin and Stellar gained over 40%, which is incredibly impressive. However, the biggest gainer is NEM, which shot up by over 65% in just seven days. Absolutely monstrous gains for an altcoin which has seen its fair share of ups and downs lately.
As far as the other established altcoins are concerned, IOTA, Tezos, Ethereum Classic, Ethereum, and XRP all gained 30% or more. A more than substantial increase for these alternative markets, which was not necessarily expected. All of…