🔊Weekly Market Highlights #47: May 15 - May 21

✨The cryptocurrency market had another gloomy week as major coins like Bitcoin or Ethereum prices continued to move sideways without noticing any noticeable movement.

✨Over the past week, the crypto market decreased ~$20B (from ~$1,136B to ~$1,116B) of its total capitalization.

✨BTC Uncertain at $27K
✅Last week started positively for BTC, which jumped to over $27,6K after the stagnant weekend. However, that was short-lived, and the asset retraced to below $27K in a matter of days. Another price pump followed that drove it back up to $27,5K, which, yet again, was stopped in its tracks.

✅This time, the rejection was even more vigorous, pushing BTC south to a weekly low of $26,4K. The bulls tried to intercept the move.

✅As such, bitcoin returned to the familiar ground of around $27K and stood there for a few days. BTC has been losing some value since then and now stands under $27K.

✅Its market cap has risen slightly to $518B, while its dominance over the altcoins sits close to 46.4%.

✨Altcoins In A Sea of Green
✅BSCS is trading at $0,01071, +3,85% from its 7-day all-time low of $0,01032.

✅The past week has been a bit positive for altcoins; BNB, XRP, ADA, MATIC, SOL, LTC, DOT, and TRX have all jumped by up to 2% in a day.

✅After making several savvy investors millionaires overnight, PEPE was listed on multiple prominent exchanges, including Binance, which was a sell-the-news moment. PEPE lost momentum, and its market cap dumped over a billion in days.

✅The past 24 hours were much more favorable for the meme coin, as it has added over 12% of its value and is back within the top 70 largest cryptocurrencies.

✅Total market capitalization is $1,116B

✨Bitcoin Fear and Greed Index is 49 - Neutral, lower than at the beginning of the week (50)

✨Dominance:
✅BTC: 46.4%
✅ETH: 19.4%

📣Stay tuned! The market's highlights will be updated by BSCStation 😎

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