Despite continuing to be the queen of cryptocurrencies and the forecasts for 2022 are very encouraging, this week Bitcoin has not been the cryptocurrency that has risen the most in price in the last 7 days. At the time of writing this news, the value of BTC stands at 43,493 dollars (approximately 38,110 euros), which represents a rise of 14.50%.
Bitcoin returns to the values it had at the beginning of the year and recovers from the impact of early February, accumulating green charts in the last week, giving a break to the downtrend. However, we have seen growth of other cryptocurrencies that have increased their price by up to 75% since last week.
The biggest percentage gains in the last 7 days
Of course, these rises have to be seen in perspective, since we are only talking about percentage performance higher than BTC , but it is still the first despite the rise of 36 other cryptocurrencies. The biggest increase in terms of percentage is for Gala (GALA) with an increase of 75.81%, followed in the Top 10 by Kadena (KDA) +59.83%, UNUS SED LEO (LEO) +50.83%, Shiba Inu (SHIB) +49.17%, IoTeX (IOTX) +48.73%, Theta Network (THETA) +46.01%, Livepeer (LPT) +35.79%, Celsius (CEL) +34.71 %, Theta Fuel (TFUEL) +34.13%, XRP (XRP) +32.88% and Ethereum Classic (ETC) +30.57%.
various cryptocurrencies
Other cryptocurrencies that are outperforming BTC these days and whose results should be taken into account are Avalanche (AVAX) +28.46%, Crypto.com exchange CRO, Litecoin (LTC) +19.63%, Polygon (MATIC) + 18.49%, and Bitcoin cash (BCH) +18.25%.
The performance of Bitcoin competitors
As we said, the upward trend of Bitcoin in recovery in recent weeks only confirms it as number 1, although others have had greater increases. In this weekly closing price remains close to $45,000 , far from the second in question. This has been the result of some Bitcoin competitors.
- Ethereum (ETH) with just over 3,000 dollars, which closed the week with a rise of 9.63%.
- BNB, the Binance token has had an increase of 10.48%, raising its value to $419.
- Terra (LUNA) is up 4.12%, priced at $53.65.
- Dogecoin (DOGE) is up nearly 9%.
- Decentraland (MANA) up 20%.
In general, the entire market is in the green in the short term . But in the medium term, the current rise is more of a recovery from significant declines in recent months. The behavior is reminiscent of what was observed last year when Bitcoin peaked at the current all-time price high, at $69,000 per unit. However, the forecasts for the last months foresee at least a new maximum value that exceeds 100,000 dollars, with some analysts even projecting it will exceed 200,000 dollars if a series of particular conditions are met.
Below, you can check all those cryptocurrencies and altcoins that have achieved the milestone of growing at a higher percentage than Bitcoin during the last 7 days of the cryptocurrency market.
weekly top cryptocurrencies