Last week’s blistering altcoin rally tapered off this week as Chainlink, XRP, XLM, Stellar and TRX were the only coins to post any notable gains over the last seven days. 

Bitcoin (BTC) and Ethereum (ETH) entered the weekend slightly lower than they did this time last week. 

Bitcoin dropped 1.5% to its current price of $29,869, according to CoinGecko. Meanwhile, the world’s second favorite coin, ETH, dropped 2.5% to trade at $1,888 at the time of writing. 

The steepest pullbacks among leading currencies this week were from Solana (SOL), which dropped 9.8% to $25.68, and Avalanche (AVAX), which shed 8.1% to $13.77.

Several altcoins appreciated; notably, Toncoin (TON) grew 8.3% to $1.46, Stellar (XLM) blew up 23% to $0.163126, and Chainlink (LINK) rallied 15% to $7.98.

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Author: Tim Hakki

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