Market leader Bitcoin (BTC) added a modest 1.5% to its market value over the seven days to trade at $29,408 on Saturday.
According to the latest weekly report by CoinShares, last week was a strong indicator that institutional investors have stopped shorting the leading currency for the first time in fourteen weeks.
Meanwhile, Ethereum (ETH), the second-largest coin by market capitalization, appeared to match the top coin’s pace, adding 1.3% to enter the weekend at $1,851.
There were no significant price drops among the top thirty cryptocurrencies. However, three altcoins posted notable gains.
Solana (SOL) grew 8.5% to its current price of $24.55_ Toncoin (TON) added 10.1% to hit $1.32, and Shiba Inu (SHIB) blew up 17.8% to trade at $0.00001108.
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Market leader Bitcoin (BTC) added a modest 1.5% to its market value over the seven days to trade at $29,408 on Saturday.
According to the latest weekly report by CoinShares, last week was a strong indicator that institutional investors have stopped shorting the leading currency for the first time in fourteen weeks.
Meanwhile, Ethereum (ETH), the second-largest coin by market capitalization, appeared to match the top coin’s pace, adding 1.3% to enter the weekend at $1,851.
There were no significant price drops among the top thirty cryptocurrencies. However, three altcoins posted notable gains.
Solana (SOL) grew 8.5% to its current price of $24.55_ Toncoin (TON) added 10.1% to hit $1.32, and Shiba Inu (SHIB) blew up 17.8% to trade at $0.00001108.