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Cryptocurrencies that became the most unprofitable for the week
The beginning of July was marked by positive sentiment among traders in the cryptocurrency market. After bitcoin first crossed the psychological mark and then consolidated above $ 30,000, cryptocurrency experts began to speak optimistically about the industry’s prospects. However, among the top 100 virtual assets, there were several that showed negative results over the past week.
Conflux (CFX) has been the worst performing digital asset over the past seven days. The virtual coin has fallen by 8.9% and is trading at $ 0.207. The market capitalization of CFX amounted to $ 618.97 million, and the weekly trading volume was recorded at $ 398.56 million. It is worth noting that the CFX rate has fallen by 88% from its peak this year.
Cryptocurrency Kava (KAVA) took second place in the anti-rating. Over the past seven days, the virtual coin has lost 6.63%, with the asset’s quotes hovering around $ 0.959. The total supply of coins circulating on the market amounted to $ 581.36 million. Over the past week, traders made deals with the digital currency worth $ 120.49 million.
Apecoin (APE) lost 5.29% of its value over the week. At the time of writing, the cryptocurrency is worth $ 2.20 with a market capitalization of $ 2.2 billion. Traders made daily trading deals worth $ 74.7 million.
Trust Wallet Token (TWT) rounds out the top five losers of the week. The asset is currently trading at $ 0.8753. The market capitalization of the cryptocurrency amounted to $ 875.1 million. Traders made daily trading deals with TWT worth $ 7.3 million.
Overall, the cryptocurrency market capitalization increased by 1.08% to $ 1.21 trillion. At the same time, the dominance of the flagship asset decreased by almost 2% compared to last week and amounts to 49.2%. Ethereum’s market share amounted to 19.5%.