CMC100-Report (Week 12/2020): Bitcoin SV Sprints Past Litecoin

Throughout Thursday and Friday, the crypto markets have recovered a bit after tremendous losses in the previous week. However, only selected cryptocurrencies, especially those in the top-10, have made any significant gains.

This small relief rally allowed Bitcoin

Once more, Binance has increased the liquidity of its Binance USD stablecoin for the fourth time in a row. BUSD, therefore, climbed another two places in the ranking.

STEEM, the main native token of the Steemit social network, has taken a peculiar price trajectory. There was a mediocre pump-and-dump preceding the hard fork of the Hive network, anticipating the airdrop of Hive tokens. Afterward, prices stabilized at a higher level than before. It is questionable whether STEEM can maintain this price level, especially with another competitor on the market.

Swipe

In the last week, the total market cap of all listed cryptocurrencies gained +9.4% to $168.1B. The Bitcoin dominance increased by 1.4 percentage points to 65.1%. In the CMC100-ranking, we have recorded the following major changes:

#1: Bitcoin (Previous Week: 1, Cap: +11.8%)

#2: Ethereum

#3: XRP

#6: Bitcoin SV (Previous Week: 7, Cap: +34.7%)

#7: Litecoin (Previous Week: 6, Cap: +0.3%)

#13: Huobi (Previous Week: 16, Cap: +9.0%)

#18: USD Coin

#19: Dash

#20: Ethereum Classic

#29: OKB

#35: Binance USD (Previous Week: 37, Cap: +30.2%)

#41: Hedera Hashgraph

#47: KuCoin Shares

#52: Multi-Collateral DAI (Previous Week: 47, Cap: -16.7%)

#53: Kyber Network

#56: Steem

#58: MCO

#60: Enjin Coin

#67: ABBC Coin (Previous Week: 61, Cap: -6.5%)

#70: Status

#77: Komodo

#80: Swipe (Previous Week: 131, Cap: +14.6%)

#91: Ren (Previous Week: 82, Cap: -9.7%)

Data as of 03/22/2020, 22:34 UTC. Source: CoinMarketCap


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