Looking at the top 100 coins by market cap, we noticed that there are almost an equal amount of gainers and losers.
Unfortunately, not all these projects held on to this positive lead and are down by some percentages as seen in the image above.
The early parts of the week saw the saw BTC surge as high as $63k sparking speculations of a return to the ATH.
One prediction last week was that with the $60k support continuous flipping of the $60k support, BTC did not drop below $59k – making it a support to watch.
The $56,000 support held as projected and more than $1 billion worth of long account got liquidated as the largest coin by market cap sank deeper into bearish dominance.
Using the Pitchfork, a channel was created – revealing support and resistance.
With the successful start of the Altair Beacon Chain update, more than 98.7% of nodes have been upgraded as of now.
Following the upgrade, ether hit a new ATH at $4,460 as the full effect of the update is felt.
The second largest coin by market cap is about to close another week in gains as it is 6% higher than its opening price.
Binance coin joins the list of gainers in the top 100 as it is worth 10% higher than it was at the start of the week.
It does not represent the opinions of Coinfomania on whether to buy, sell, or hold any investments.