Last week, everything ended on a high, optimism bubbling through many channels and all parties talking about ETF products from different parties in final stages for approval, which would allow institutions to invest within their risk policies, Coinbase taking on a big new hedge fund and in general an expectation that soon the big corporate money might be entering the game.
As the mood swung, a lot of money flowed back from the altcoin market in Bitcoin and, as you can see in the last week or so, the dominance of Bitcoin is up by 4%. Ethereum is following similar patterns, but in a smaller scale, and ended the week with almost zero movement and a price hovering around $ 464.
XRP - well you could almost relabel the Ethereum charts and just change the numbers, a nothing week for them, being still at 45 cents.
EOS was having a busy week, doing a deal to be made available in Europe through Bitpand and the block producers voting to increase the supply of RAM to make the whole network work as it should and stop some players manipulating RAM prices for gain. Good news in general, but not market shifting news, so a steady week for EOS with a net gain of just about 1.5%, and I think they will be very glad with this new stable behaviour.
See the full breakdown on the market and the real big wins and losses, all on the video.
This article appeared first on Cryptovest
