Your weekly crypto price update
Every week we share our top 5 with you, the top 5 was chosen in January 2020, which means that it is almost time for you to choose the next top 5 coins!
It seems like cryptocurrency investors are not able to take a break. The cryptocurrency markets are growing at a growing and growing pace and many other markets are not able to follow this growth! This week we saw a volatile week with one huge decrease all the way to $16.300. We were very glad to see that Bitcoin was able to climb back up all the way to $18.200 to only lose a little over 1% on a weekly basis.
We decided to wait with posting this analyses to take a look at the Monthly candle close. This monthly candle was one of the Biggest candles we have had so far! With Bitcoin increasing over 42% in a single month!
The winner of this week clearly was Digibyte, Digibyte Rose over 9% to a value of over $0.024 increasing from 0.022 in one week, making it the obvious winner of this week!
Digibyte managed to be the only crypto that could outperform BTC with double digits gaining over 10% against its BTC pair!
The “loser” of this week clearly was Chainlink, falling a little over 8% and this resulted in a drop below the $14,- mark.
This week was once again one of the weeks for in the books, we saw huge volatility and a reach for the All time high. On some exchanges we already made an all time high for Bitcoin but for Forallcrypto, the All Time High is confirmed once we clearly blasted through $20.000. If you would like to know more about the upcoming month, we are now sharing our monthly analyses for free on our Tradingview page, to give you guys a trial about our daily/weekly and monthly analyses!