The cryptocurrency market has experienced significant fluctuations this week, both in terms of digital asset prices and key events. As of the time of this publication, the market capitalization of the crypto industry has increased by 0.51%, bringing it to a total of $2.31 trillion. However, trade volumes have taken a hit, dropping by 21.67% compared to the previous day. Influenced by the developments in the Chinese economy, the Fear and Greed Index currently displays a neutral score of 57.
Top Crypto News This Week
- The airdrop of Hamster Kombat token (HMSTR) on September 26th created a buzz in the market, with 60 million tokens distributed to players.
- Following the release of Binance’s former CEO Changpeng Zhao from prison, the BNB coin has seen a significant price surge.
- Kamala Harris made her first public statement regarding digital assets, marking a notable event in the crypto world.
- Michael Saylor’s MicroStrategy made headlines with their acquisition of 7,420 Bitcoins, valued at approximately $458.2 million. This brings their total BTC holdings to 252,220.
Top Gainers in 7 Days
- Ethena (ENA) leads the weekly gainers with an impressive 40.45% increase, reaching a price of $0.3617.
- Shiba Inu (SHIB) follows with a 36.46% rise in value, bringing its price to $0.00001977.
- Pepe experienced a 35.70% price surge, resulting in a value of $0.00001111.
Top Losers in 7 Days
- Monero (XMR) recorded the highest losses this week, dropping by 10.47% to $159.31.
- KAS followed with a 1.05% decrease, bringing its price to $0.1679.
- FET saw a decline of 0.84%, settling at $1.60.
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