The mood in the crypto market has brightened a bit in the past few days. On a weekly basis, the winners clearly dominate the top 100 coins and tokens by market capitalization. Particularly strong: Four members of DER AKTIONÄR’s new Krypto TSI index are among the top ten performers.
Below Bitcoin according to data from the industry portal coinmarketcap.com After all, it has risen by about four percent over a 7-day period and regained the psychologically important $20,000 mark, XRP from Ripple even increased in price by almost 15 percent in the same period.
The coin is one of the top 100 cryptocurrencies by market capitalization and recently benefited from another stage victory in the epic legal dispute between Ripple Labs and the US Securities and Exchange Commission.
The latter was ordered by a US district court to release a 2018 speech script by former director William Hinman. In it, he is said to have argued that Ether (ETH) is not a security. Ripple Labs now hopes to use these arguments in its own case against the authority. The SEC had sued the blockchain company for illegally placing an unregistered security on the market with XRP.
Four top performers represented in the Crypto TSI Index
Polygon (+13.1 percent) and Stellar (+10.8 percent) also rose in the double-digit percentage range on a weekly basis. With a plus of 9.6 percent, Uniswap also entered the ten biggest gainers in the past seven days.
All four top coins are represented in DER AKTIONÄR’s Crypto TSI Index, which includes a total of ten of the trendiest cryptocurrencies according to the proven TSI system. The other index members Bitcoin, Ethereum, Ethereum Classic, Litecoin and Aave also registered price gains on a weekly basis. Only Cardano stands out with a small loss of 0.3 percent.
The index itself has gained just over five percent on a weekly basis – and has thus fared slightly better than the crypto market as a whole.
Notes on conflicts of interest:
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