THORChain's native token is among the few with weekly increases amid the broader market crash.
This is all you need not to miss any price action in the raging crypto markets. Start receiving this recap, for free, every day:As of now, bitcoin trades at around $26,000 after a minor daily increase. Nevertheless, its market cap is still beneath $510 billion, while its dominance over the alts is stuck at 48.1% on CMC.Most alternative coins followed BTC on its way south, with massive price drops, which in some cases were with double-digits.
Ethereum, for example, went from over $1,850 to about $1,600 to mark a multi-month low of its own. Now, though, ETH sits just above $1,650. Most larger-cap alts are slightly in the green as well on a daily scale. This includes BNB, XRP, ADA, DOGE, SOL, and others. XRP, in fact, has managed to defend the $0.5 level.
While the rest of the market is in pain on a weekly scale, THORChain’s RUNE is up by over 30%, which makes it the best performer among the top 100 alts. An 11% surge in the past day has pushed it to $1.75. The total crypto market cap has recovered some of the weekly losses and sits at just over $1.050 trillion on CMC.
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