The crypto market was mostly down in the last 24 hours, with most of the top 10 cryptocurrencies reporting losses.
The UK100 (+3.76%) rose strongly last week as fresh economic data showed the UK economy to perform better than expected.
US stocks last week suffered one of the worst weeks ever in 2022 as the ongoing war in Ukraine prompted investors to reduce their risk appetite.
Tech stocks were among the hardest hit, with household names like Apple (-5.17 percent last week), Microsoft (-3.38%) and PayPal Holdings (-3.34%) all losing out.
top cryptos
Terra is again the biggest Top 10 winner, up 8% at the time of writing. This could be due to the collective deposit of the wrapped luna of ETH whales to come into contact with the terra ecosystem. Last week, Whale bought over $70,000 of Wrapped Luna, the wrapped version of Terra’s token.
At the time of writing, bitcoin is down almost 1%, trading below $39,000. Ethereum posted minor losses, with XRP and Solana down 3% and 2%, respectively. On the upside, Cardano registered a growth of around 2%.
Dogecoin is trending after Elon Musk announced that he will not sell any coins. However, it failed to reflect its price.
top movers
Most of the top 100 coins lost 1-3% of their value. Phantom is down 5%, still struggling with a developer exit last week. Chillies are down 6%.
On the upside, Thorchain and privacy token Zcash posted gains of 8%. 4%. Thorchen has recently had an extended rally. The graph has also risen by about 4 per cent.
trends
Hydrameta live price today is $0.00077 and 24-hour trading volume is $1 million. Hydrameta is up 1,483% in the last 24 hours.
Through this platform, users can buy and sell on various blockchain markets without having to transfer to other cryptocurrency wallets, which further reduces fees on cross-chain transactions such as ETH and BSC.
MovieBlocks, a decentralized film and content delivery platform, continues to rally. Its token MBL has been on the rise since being listed on crypto.com last week. Today, its price has more than doubled, adding another 137%.