Despite the Crypto Market Dip, Weekly Gains Show OSMO, ATOM, FTM, and a Slew of Other Assets Shined – Market Updates Bitcoin News

The digital currency market lost significant value in January 5. Bitcoin fell to $44K on Wednesday, the last trading session of the afternoon (EST). Virtually all coins have lost 24-hours worth, however, a number of crypto assets saw double-digit gains that have helped to halt the decline in crypto currency markets.

This Week’s Double-Digit Crypto Gainers

The crypto economy has dropped more than 7 percent to $2.16 trillion at the time this article was written. This is on Thursday 6 January 2022. Bitcoin (BTC), which has fallen below $44K from its $46K level 24 hours ago, is also down 7%. BTC’s current 24-hour range is between $46,901 per unit and a low of $42,466 per unit.

Others top-ranked crypto assets also have lost significant value. ETH is down over 10%; binance coin BNB has lost more than 8% and solana has dropped more than 11% USD. The weekly metrics were taken at 9:45 AM (EST) on January 6, 2022.

Osmosis (OSMO) is this week’s biggest crypto gainer as it gained 41.3% against the U.S. dollar in seven days. At 9:45 (EST), weekly metrics were collected.

Although there was a significant drawdown in most of the crypto assets, many digital coins experienced double-digit seven day gains against the U.S. dollars. Osmosis (+41.3%) and cosmos (+34.9%) are both up this week. These two tokens follow fantom, ravencoin and internet computer (ICP), respectively (+32.5%), (+27.7%), (+27.7%)

MIOTA, SPELL SUSHI, KDA This Week: Double-Digit Losses

This week Harmony (ONE) rose 25.7%, chainlink is up 23.5%, yearn finance has increased 23.3% within seven days. The above gainers are celo and curve. Near, klaytn. thorchain. stellar. Helium. Kucoin token. bittorrent. And oasis. All of these gains have been 1% higher this week. The largest loser in the past seven trading days was MIOTA (iota), which lost 19.5%.

The crypto asset iota (MIOTA) is this week’s biggest loser against the U.S. dollar, shedding 19.5% in value over seven days. At 9:45 (EST), weekly metrics were collected.

MIOTA follows spell token (SPELL), sushi (SUSHI), (-18.5%), kadena, (KDA), (-16.7%). As of the writing of this article, over a dozen stablecoins remain the only ones that have not succumbed to the 24-hour slide caused by their fiatpegs. All of these tokens command around $98.2 Billion in global trade volume. According to statistics, 61.95% were against stablecoins crypto assets.

This story contains tags

24-hour losses: Bitcoin (BTC), Celo, Cosmos (ATOM), Curve. Double-Digit Loss, Ethereum (ETH), Fantom (FTM), Gainers. Gainers. Gains. Helium. klaytn. Kucoin token. Losers. Losses. Markets. markets and prices. NEAR. Osmosis. Osmosis. (OSMO), ravencoin. Stablecoin Volume. Stablecoins. Stellar.

What do you think about this week’s double-digit crypto asset gainers? Comment below and let us know how you feel about the subject.

Jamie Redman

Jamie Redman is the News Lead for Bitcoin.com News. He also lives in Florida and works as a journalist covering financial technology. Redman joined the cryptocurrency community in 2011 and has been actively involved since then. Redman is passionate about Bitcoin and open-source codes. Redman is a prolific writer for Bitcoin.com News, with over 5,000 articles on disruptive protocols.