Crypto Market Overview Bitcoin’s dominance is steadily declining and now fell below 40%, now standing at 39.05%. This came as a result of Ethereum outperforming the top cryptocurrency by market cap due to its price increase before the long-awaited merge. The most valuable cryptocurrency pair, BTC/USDT, is currently trading at ,095.98, while Ethereum, the second-largest cryptocurrency by market capitalization, has risen to ,895.48, up 11.47% in the last week. The top performers from the previous week were Ankr (ANKR), Shiba Inu (SHIB), and Chiliz (CHZ). ANKR has increased by more than 39.90% to %excerpt%.047, while SHIB gained 24.03% in the past seven days. Finally, CHZ gained 18.18% to %excerpt%.18. On the other hand, ApeCoin (APE), Kusama (KSM), and The
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![Weekly Crypto Analysis: Bitcoin Testing $25K; Ethereum, Shiba Inu, Blackrock in Highlights](https://crypto.economicblogs.org/wp-content/uploads/2022/08/bitcoin-market.jpg)
Bitcoin’s dominance is steadily declining and now fell below 40%, now standing at 39.05%. This came as a result of Ethereum outperforming the top cryptocurrency by market cap due to its price increase before the long-awaited merge. The most valuable cryptocurrency pair, BTC/USDT, is currently trading at $24,095.98, while Ethereum, the second-largest cryptocurrency by market capitalization, has risen to $1,895.48, up 11.47% in the last week.
The top performers from the previous week were Ankr (ANKR), Shiba Inu (SHIB), and Chiliz (CHZ). ANKR has increased by more than 39.90% to $0.047, while SHIB gained 24.03% in the past seven days. Finally, CHZ gained 18.18% to $0.18.
On the other hand, ApeCoin (APE), Kusama (KSM), and The Graph (GRT) were the worst performers of the week. APE is down 15.68% to $6.33; KSM is down 14.01% in the last seven days; GRT is down 13.59% to $0.13.
Top Altcoin Gainers and Losers
Top Altcoin Gainers
- Ankr (ANKR) ➠ 39.90%
- Shiba Inu (SHIB) ➠ 24.03%
- Chilliz (CHZ) ➠ 18.18%
Top Altcoin Losers:
- ApeCoin (APE) ➠ 15.68%
- Kusama (KSM) ➠ 14.01%
- The Graph (GRT) ➠ 13.59%