Investing.com – Cryptocurrencies had a volatile week, but with an overall positive performance. While the trend for weeks has been down on the prospect of monetary policy tightening, Jerome Powell’s dovish comments have given cryptos some bullish momentum.
However, the performance remains different from one crypto to another. Indeed, the market is weighed down by the prospect of key rate hikes as Dogecoin surges following Elon Musk’s announcement that Tesla (NASDAQ:) would now accept payments via the crypto.
At the same time, the adoption of crypto is advancing rapidly both among private and public operators. In this regard, Bank of America (NYSE:) believes that could become a basis for transactions. At the same time, the Swiss central bank reveals the success of its tests on a CBDC.
The cryptos that benefited the most from this week’s conditions are:
, currently at $0.5464, is up 49.92% in the last 7 days and 118.09% on a monthly basis and ranks 67th with a capitalization of $1.9 billion.
, currently at $20.07, is up 31.49% in the last 7 days and 123.57% on a monthly basis and ranks 82nd with a capitalization of $1.2 billion.
, currently at $8.45, is up 26.27% in the last 7 days and 123.57% on a monthly basis and ranks 82nd with a capitalization of $1.2 billion.
, currently at $0.1924, is up 24.29% in the last 7 days and 10.92% on a monthly basis and ranks 11th with a capitalization of $25.5 billion.
, currently at $43.94, is up 22.50% in the last 7 days and down 18.50% on a monthly basis and ranks 31st with a capitalization of $6.0 billion.
However, the market did not only see increases, but recorded losses as well:
, currently at $1.48, is down 15.05% in the last 7 days and 27.22% on a monthly basis and ranks 64th with a capitalization of $0.8 billion.
, currently at $0.09942, is down 13.86% in the last 7 days and up 23.31% on a monthly basis and ranks 89th with a capitalization of $1.0 billion.
, currently at $32.48, is down 13.19% in the last 7 days and up 20.08% on a monthly basis and ranks 47th with a capitalization of $3.4 billion.
, currently at $31,869.94, is down 11.74% in the last 7 days and up 65.62% on a monthly basis and ranks 85th with a capitalization of $1.1 billion.
, currently at $0.3607, is down 11.08% in the last 7 days and up 23.21% on a monthly basis and ranks 98th with a capitalization of $0.8 billion.