Sunday, January 23, 2022

Despite the Crypto Market Dip, Weekly Gains Show OSMO, ATOM, FTM, and a Slew of Other Assets Shined – Market Updates Bitcoin News

- Advertisement -
- Advertisement -
- Advertisement -


On January 5, digital foreign money markets shed a nice deal of worth as bitcoin dropped under the $44K deal with throughout the late afternoon (EST) buying and selling periods on Wednesday. Nearly each coin has shed 24-hour worth, however a slew of crypto property have seen double-digit good points and have managed to stave off the crypto financial system downturn.

This Week’s Double-Digit Crypto Gainers

At the time of writing, the crypto financial system is down greater than 7% to a low of $2.16 trillion on Thursday, January 6, 2022. The value of bitcoin (BTC) has misplaced 7% this week in addition to it dropped under the $44K zone from the $46K area the place it sat 24 hours prior. BTC’s present 24-hour vary is between $46,901 per unit and a low of $42,466 per unit.

Other high crypto property have shed important worth in addition to ethereum (ETH) is down greater than 10%, binance coin (BNB) has misplaced over 8%, and solana (SOL) has dipped greater than 11% in USD worth. Weekly metrics have been recorded on January 6, 2022, at 9:45 a.m. (EST).

Osmosis (OSMO) is that this week’s greatest crypto gainer because it gained 41.3% in opposition to the U.S. greenback in seven days. Weekly metrics have been recorded on January 6, 2022, at 9:45 a.m. (EST).

Despite the main drawdown throughout most of the 12,000 crypto property in existence, a quantity of digital cash have seen double-digit seven-day good points in opposition to the U.S. greenback. For occasion, osmosis (OSMO) is up 41.3% this week, and cosmos (ATOM) has jumped 34.9%. Those two tokens are adopted by fantom (FTM) (+32.5%), ravencoin (RVN) (+27.7%), and web laptop (ICP) (+25.9%).

MIOTA, SPELL, SUSHI, KDA See Double-Digit Losses This Week

Harmony (ONE) jumped 25.7% this previous week, chainlink (LINK) is up 23.5%, and yearn finance (YFI) has elevated 23.3% in seven days. In addition to the aforementioned gainers, celo, curve, mina protocol, close to, klaytn, thorchain, stellar, helium, kucoin token, bittorrent, and oasis are nonetheless up this week with 1% good points or greater. The greatest loser throughout the final seven days was iota (MIOTA) as the crypto asset shed 19.5% in worth.

The crypto asset iota (MIOTA) is that this week’s greatest loser in opposition to the U.S. greenback, shedding 19.5% in worth over seven days. Weekly metrics have been recorded on January 6, 2022, at 9:45 a.m. (EST).

MIOTA is adopted by spell token (SPELL) (-18.8%), sushi (SUSHI) (-18.5%), and kadena (KDA) (-16.7%). At the time of writing, greater than a dozen stablecoins are the solely tokens that managed to stave off the 24-hour slide as a consequence of their fiat pegs, and all of them command roughly $98.2 billion in international commerce quantity. Statistics present that 61.95% of all the trades on January 6 are in opposition to the myriad of stablecoin crypto property.

Tags on this story
24 hour losses, Bitcoin (BTC), celo, cosmos (ATOM), Curve, double digit losses, Double-Digit Gains, Ethereum (ETH), fantom (FTM), Gainers, Gains, helium, web laptop (ICP), klaytn, kucoin token, Losers, Losses, Markets, markets and costs, mina protocol, NEAR, osmosis, Osmosis (OSMO), ravencoin (RVN), Stablecoin Volume, Stablecoins, Stellar, Thorchain

What do you consider this week’s double-digit crypto asset gainers? Let us know what you consider this topic in the feedback part under.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist dwelling in Florida. Redman has been an lively member of the cryptocurrency neighborhood since 2011. He has a ardour for Bitcoin, open-source code, and decentralized functions. Since September 2015, Redman has written greater than 5,000 articles for Bitcoin.com News about the disruptive protocols rising in the present day.




Image Credits: Shutterstock, Pixabay, Wiki Commons, coingecko, tradingview,

Disclaimer: This article is for informational functions solely. It will not be a direct provide or solicitation of a proposal to purchase or promote, or a suggestion or endorsement of any merchandise, providers, or corporations. Bitcoin.com doesn’t present funding, tax, authorized, or accounting recommendation. Neither the firm nor the creator is accountable, instantly or not directly, for any harm or loss precipitated or alleged to be attributable to or in reference to the use of or reliance on any content material, items or providers talked about on this article.





Source hyperlink

- Advertisement -

More from the blog

Value Locked in Defi Slides 21% in 2 Weeks, $200B TVL Still 10x Larger Than This Time Last Year – Defi Bitcoin News

The worth locked in decentralized finance (defi) has dropped 21.22% since January 4, 2022. At the time, the overall worth locked (TVL) in...

Lawyer Accuses Huobi of Operating a Cryptocurrency Exchange That’s ‘Held Accountable Nowhere’ – Exchanges Bitcoin News

Houbi Global, which relies in Seychelles, has been accused by lawyer Jonathan Levy of working with out accountability to any jurisdiction. The lawyer...

Zimbabwe Signs Agreement Enabling Collection of Taxes From Crypto and E-Commerce Entities – Taxes Bitcoin News

The Government of Zimbabwe has confirmed signing an settlement with Daedalus World Limited which permits the latter to gather taxes from crypto and...

Bastyon Inventor Daniel Satchkov Explains the Importance of Using an Open Source Social Media Platform – Interview Bitcoin News

Bastyon.com is a social platform constructed on the Bitcoin basis. It is decentralized with no central serve. Bastyon’s codebase is open supply, and...