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January 21, 2022
Crypto News

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

On January 5, digital foreign money markets shed a nice deal of worth as bitcoin dropped beneath 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 belongings have seen double-digit features 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 price of bitcoin (BTC) has misplaced 7% this week in addition to it dropped beneath 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 belongings have shed vital 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 had 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% towards the U.S. greenback in seven days. Weekly metrics had been recorded on January 6, 2022, at 9:45 a.m. (EST).

Despite the main drawdown throughout most of the 12,000 crypto belongings in existence, a quantity of digital coins have seen double-digit seven-day features towards 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 pc (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% features or larger. 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 towards the U.S. greenback, shedding 19.5% in worth over seven days. Weekly metrics had 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 resulting from 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 towards the myriad of stablecoin crypto belongings.

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 pc (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 concentrate on this week’s double-digit crypto asset gainers? Let us know what you concentrate on this topic in the feedback part beneath.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a monetary tech journalist residing in Florida. Redman has been an energetic 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 immediately.

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