In this regard, over the past four
weeks average cryptocurrency and digital asset capitalization has decreased from $ 607 million to $ 298.8 million.
Not exact matches
Last
week, a total of $ 6,635,517 was converted into
cryptocurrency via iTunes gift cards, with an
average transaction amount of $ 97.
The world's biggest
cryptocurrency by market value rose above its 50 - day moving
average for the first time since mid-January, up as much as 5.8 percent on Monday, the most in two
weeks.
It has respected its 10 -
week simple moving
average (SMA) while moving higher and remains above it today, despite the
cryptocurrency market performing poorly the last couple of
weeks.
This
week was certainly a roller coaster ride for the
cryptocurrency market after the incredible run up that was seen in the last month where almost all major
cryptocurrencies gained more than 200 % on
average.
Based on the
average cryptocurrency bear market cycle of slightly more than two months (71 days), the market will normalize within a couple of
weeks.
Last
week (March 19 - 25, 2018)
cryptocurrency market capitalization increased from $ 296 billion to $ 328.8 billion (as of March 25, 2018, based on the
average figures from coinmarketcap.com).