Top 5 Cryptos LastWeek – BIDITEX Exchange
Bitcoin has extended its strong run this year by a move above the psychologically critical level of $10,000. The positive sentiment in Bitcoin is leading the crypto space higher. In 2020, most major altcoins have been outperforming Bitcoin, which shows investor interest has picked up in them once again.
Let’s see what are the best performers last week:
1. Tezos (XTZ)
Tezos (XTZ) is the top performer of this week with a rally of above 40%. The altcoin has been an outperformer in 2020 as it has rallied about 77% year-to-date. Can it build on its momentum?
2. Binance Coin (BNB)
Binance Coin (BNB) has made an entry into the top performers’ list after a long time. Several fundamental events this week received a thumbs up from the traders.
If the price reverses direction from the current levels and sinks below $20, the pair might extend its stay inside the $18.50 to $23.5213 range for a few more days.
3. Bitcoin (BTC) SV (BSV)
Bitcoin SV (BSV) completed a scheduled upgrade named Genesis, which has removed the default hard cap for block sizes. Now, it is up to the miners to manage the consensus of block size and transaction capacity on the network.
Similar to the positive rumblings about the forthcoming Bitcoin halving, BSV’s price is also showing a positive movement before its upcoming halving in April.
4. Ethereum (ETH)
Ether (ETH) rallied about 17% in the past seven days and turned out as the fourth-best performer. In an Ask Me Anything session, Danny Ryan from Ethereum Foundation said that he expects Ethereum 2.0 — Phase 0 to “launch by July 30, 2020 (the 5th anniversary of Ethereum 1.0).”
Can the price action remain bullish leading up to the transition from proof of work to proof of stake?
5. Chainlink (LINK)
Chainlink (LINK)rounded up the top 5 performers with a move of about 15% in the past seven days. Does its chart project a further move higher?
Published at Mon, 10 Feb 2020 06:26:51 +0000
{flickr|100|campaign}
