Weekly Overview
This week, the cryptocurrency market has continued to show a clear upward trend, with most major cryptocurrencies experiencing broad gains. Due to overall market activity, various projects have been very dynamic, and market sentiment remains optimistic, with overall market capitalization growth similar to last week. BTC reached a new all-time high, breaking the $100,000 mark, although its market share has slightly decreased to around 54%. The weekly high for BTC was approximately $103,500. Overall, key cryptocurrencies are maintaining a bullish trend, and further upward movements are likely. The market sentiment index stands at around 85, with expectations of new developments as the weekend approaches. The total market capitalization has seen a slight increase compared to the same period last week, reaching approximately $3.67 trillion, with a 24-hour increase of 5.24%.
Compared to last week, this week the cryptocurrency market has shown overall gains, with the DeFi revival intensifying and altcoin performance continuing to improve. BTC reached a new all-time high this week, seeing an increase of about 6.34%. ETH also saw significant gains, nearing the $4,000 mark, with a weekly increase of approximately 10.25%, currently maintaining around $3,915.
The overall positive trend in the cryptocurrency market continues.Influenced by external news, major cryptocurrencies experienced upward movements. This week, CRV saw a remarkable 130% increase over the past seven days, mainly driven by the DeFi revival, making it the top gainer among major cryptocurrencies, currently around $1.11.
As we approach the weekend, there is a high likelihood of further gains in the cryptocurrency market, although slight pullbacks could still occur.
