© Reuters
Investing.com – Crypto markets rallied this week as published studies shed new light on the danger posed by the omicron variant. The latter is increasingly seen as less dangerous than its predecessor.
This week, cryptos got backing from figures like Elon Musk who explained why he sees it as a crypto of the future after a discussion between fans of and the ex-CEO of Twitter (NYSE :). The latter also suggested earlier in the week that the could replace the dollar in the long term.
For their part, other cryptos continued to grow as was mentioned by Bank of America (NYSE 🙂 as a plausible alternative to Ethereum and became the second largest DeFi protocol. In addition, saw the arrival of on its platform.
Meanwhile, the regulatory debate continues to make waves. As most countries tighten the screws, Dubai is trying to gain a foothold with industry players and signs an agreement with Binance to develop crypto activity in the Emirate.
The cryptos that have benefited the most from this week’s conditions are:
, currently at $ 0.00000176, has grown 23.76% over the past 7 days and 59.65% on a monthly basis and ranks 96th with a capitalization of $ 0.9 billion.
, currently at $ 0.142, rose 16.91% over the past 7 days and 26.15% on a monthly basis and ranks 82nd with a capitalization of $ 1.3 billion.
, currently at $ 62.71, has increased 16.26% over the past 7 days and 30.48% on a monthly basis and ranks 67th with a capitalization of $ 2.0 billion.
, currently at $ 2.02, has grown 15.92% over the past 7 days and 45.02% on a monthly basis and ranks 38th with a capitalization of $ 5.1 billion.
, currently at $ 6.01, has increased 14.07% over the past 7 days and 23.49% on a monthly basis and ranks 34th with a capitalization of $ 5.5 billion.
However, the market did not see only increases, but recorded losses as well:
, currently at $ 31,648.28, is down 4.37% over the past 7 days and is up 11.65% on a monthly basis and ranks 87th with a capitalization of $ 1.1 billion.
, currently at $ 37.62, is down 3.83% over the past 7 days and is up 6.88% on a monthly basis and ranks 43rd with a capitalization of $ 3.9 billion.
, currently at $ 0.9457, is down 3.38% over the past 7 days and is up 18.70 %% on a monthly basis and ranks 7th with a capitalization of $ 44.7 billion.
, currently at $ 30.17, is down 3.48% over the past 7 days and 3.61% on a monthly basis and ranks 74th with a capitalization of $ 1.8 billion.
, currently at $ 0.3143, is down 2.29 %% over the past 7 days and is up 25.88% on a monthly basis and ranks 33rd with a capitalization of $ 5.6 billion.