The global crypto markets have been in correction mode these past seven days, following the dramatic dip witnessed last Friday.
At US$1.03tn, market capitalisation is still trending 5% down week on week, though it has regained ground since Monday’s price point of one trillion.
Bitcoin is sitting 6% down at US$21,400 against the week, while Ethereum’s US$1,660 price tag represents losses of over 8%.
EOS’s recent rally culminated in gains of 18% across the past seven days, bringing the blockchain token’s market cap up to US$656mln.
The Cosmos blockchain’s ATOM token added 16% to its now US$3.6bn market cap, whlie the Decred network and the Nexo centralised finance platform also performed well this week.
On the flipside, the US$1.7bn decentralised storage platform Filecoin suffered double-digit losses, as did the Flow network and move-to-earn (M2E) project Stepn.
In the decentralised finance space, total volumes across all protocols dropped by 3.5%, mainly due to last Friday’s market dip.
Lido and Aave both suffered around 8% in losses, while MakerDAO lost 4.5%.