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Elon Musk once again moved the market through Twitter, in a response he implied that Tesla had sold its bitcoins and this was reflected in a sales session where many resistance was tested. Bitcoin closed the week with a significant decrease of 20% reaching 46,456.06 dollars.
The major altcoins did not emerge unscathed from the FUD and saw a significant pullback in their quotes. Ether fell almost 9% and closed the week at $ 3,587.51. Despite having marked a new ATH at the beginning of the week at U $ D 4362.35. BNB also suffered and marked a weekly drop of 15% reaching the end of Sunday at 562 Dollars.
The thing was not red for all currencies, some have managed to withstand the storm and showed great results. XLM, for example, rose 12% to end the week at 0.71 Dollars and Cardano closed the week at 2.30 Dollars, which leaves us with a weekly candle of 30%. It also marked a new ATH at $ 2.46.
ETH touches 500,000 million Market Cap
On Wednesday, after hitting an all-time high above $ 4,300, the native cryptocurrency on the Ethereum network hit the milestone and rose to $ 505 billion before backing down slightly. After hitting an all-time high above $ 4,300, the native cryptocurrency on the Ethereum network hit the milestone and rose to $ 505 billion before backing down slightly.
