*Top 3 cryptocurrencies to watch this week : CHILIZ, SUI, COIN*
Last week, the global cryptocurrency market made a notable comeback, increasing by 2.79% and reaching a market capitalization of $2.21 trillion. This growth added an impressive $60 billion to the market's overall value.
Bitcoin (BTC) took the lead in this recovery, but several altcoins also contributed to the positive momentum. Here are some of the standout performers:
Sui: $SUI had a fantastic week, soaring 28% from $1.75 to $2.24. The most exciting moments for Sui came during the market recovery on October 11 and 12, when it jumped 21%.
Chiliz: This cryptocurrency, which powers the Chiliz blockchain, capitalized on the broader market movements. It closed the week with an 11.8% gain, showcasing notable spikes throughout the week. On October 9, $CHZ even hit a four-month high of $0.0784 before encountering some resistance.
8-Bit Coin ($COIN): This altcoin had a strong week, recording six bullish days out of seven. It began the week on a high note, maintaining its upward trend from October 7 to 10, despite a minor dip on October 9 when it dropped 2.78%. By the end of the week, COIN achieved an impressive 22% rise.
Overall, the crypto market showed resilience and potential for further growth. Keep an eye on these trends as the market continues to evolve!