The cryptocurrency market has undergone major changes this week, both in terms of the prices of digital assets and events. At the time of publication, the market cap of the industry is up 0.51% at $2.31 Trillion. The trade volumes, however, took a beating of -21.67% over the previous day. Amid the Chinese economy's happenings, the fear and greed index is displaying a neutral score of 57.
Top Crypto News This Week
Hamster Kombat token’s (HMSTR) airdrop on the 26th of September took the market by storm. The event saw 60 million tokens being distributed to players. Binance’s ex-CEO Changpeng Zhao’s release from prison resulted in the BNB coin witnessing a price surge. The market also saw Kamala Harris talk about digital assets publicly for the first time. Michael Saylor’s Microstrategy made a new acquisition of 7,420 Bitcoins valued at ~$458.2 Million. This results in them now holding a total of 252,220 BTC.
Top Gainers in 7 Days
Ethena (ENA) tops the weekly gainer's list with an impressive 40.45% gain and a price tag of $0.3617. Shiba Inu (SHIB) followed next with a 36.46% rise in its value, which took its price to $0.00001977. Pepe with a 35.70% price surge stood with a face value of $0.00001111.
Top Losers in 7 Days
Monero’s XMR showed the highest losses at 10.47% which took its price to $159.31. KAS followed with a -1.05% price change to $0.1679. FET saw a drop of -0.84% to $1.60.
Current changes in the cryptocurrency market show significant fluctuations in both price growth and decline. Events such as airdrops, politician statements, and major digital asset acquisitions continue to have a substantial impact on the market.
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