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As bitcoin enters a bear market, these are the 5 best performing cryptocurrencies over the past week
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Barcroft Media
Bitcoin entered a bear market on Friday, falling more than 20% from its record $69,000 high as concerns of a new COVID-19 variant spread across markets. But other cryptocurrencies are performing just fine despite the risk-off environment.
With 14,865 cryptocurrencies in existence and counting, there are more than triple the number of crypto coins than there are US exchange-listed stocks. That large amount makes it nearly impossible to keep track of all the big movers in the crypto sector outside of well known coins like bitcoin, ether, and dogecoin.
The surge in new crypto coins has come amid a massive bull market for the space, with a recent rally in bitcoin helping catapult the sector to a near-$3 trillion market valuation.
Read more on markets.businessinsider.comAbout this in other media
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