Crypto Market Remains Stable Throughout Week
The volume of the crypto market remained almost unchanged over the past week and amounted to $140.1 billion on March 25, at 05:00 (UTC), according to CoinMarketCap.
Throughout the week, the crypto market experienced some fluctuations. This was especially noticeable on March 21, when the capitalization of all digital assets decreased by 3% to $137.9 billion in just a few hours. However, after several days, the cryptocurrency market volume recovered.
Over seven days, bitcoin slightly lost in price (0.5%), and its cost is still at a level of over $4000. The maximum value of the first cryptocurrency in the amount of $4094 was recorded on March 21, and on Monday, March 25, at 05:00 (UTC), bitcoin was traded at $4026.
There have been some changes in the top ten of the most liquid digital assets. The price of the Cardano cryptocurrency increased by 15.6% over the week — this is a record figure among all cryptos. In terms of capitalization, it managed to become 10th, displacing TRON to one position lower. The Tether stablecoin (USDT) became 8th, surpassing Stellar, which lost 4.3% in price. The trading volume of USDT exceeded $10 billion on Thursday, March 21, approaching a record value.
The cost of ether, second in the rating, fell by 3% over seven days, Ripple (XRP) has the same figures. Litecoin and EOS experienced losses of 2.8% and 2.9%, respectively.
In addition to Cardano, Binance Coin showed positive results. The price of the Binance trading platform token increased by 5.4% over the week, and on Saturday, March 24, its cost rose by 13% in a few hours. In the morning of March 25, only Bitcoin, EOS, and Binance Coin were in the green zone.