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Three Cryptos Making Major Gains This Week as Market Treads Water

Bitcoin Cash (BCH), Internet Computer (ICP), and Dogecoin (DOGE) have all climbed substantially this week, even as Bitcoin and Ethereum are having trouble gaining ground.

Cryptocurrency

This has been a great week for the cryptocurrency market, but between Wednesday and Thursday, the market momentum started to decline. What was seen as a bullish trend with the sky as the limit has come to a stuttered halt. Bitcoin started to have trouble moving past $70,000 and brought the market to a stop.

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Now, the pace is picking up again, but even as the rest of the market catches up, we look in on three coins that have done very well for themselves this week.

Three Surging Coins

Internet Computer is the big gainer, with an increase of 43% so far for the week, and trading is not over yet. The coin had gained 50% at one point before the market started to slow. It could still end the week on that high note, though, if things go well.

Also worth a look is Bitcoin Cash, which gained 34% for the week so far, and it is still climbing. This token is up 4.48% over the last 24 hours. Compare that to Bitcoin (BTC) which has only gained 2.72% over the last 24 hours, and you can see why we want to mention BCH. Over the last seven days. Bitcoin has only managed to gain 7.32%.

Dogecoin has made large strides this week as well. It moved 15% in the last day and a massive 41% over the week, moving from $0.1883 to its current price of $0.2155 (DOGE/USD).

All three coins have the potential to keep on climbing over the next few days and then again in a couple of weeks when Bitcoin hits its halving milestone. Investors might have missed their chance to make major profits off these coins in the short term, but they may prove to be good long-term investments, considering their current healthy state.

 

 

 

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ABOUT THE AUTHOR See More
Timothy St. John
Timothy St. John
Financial Writer - European & US Desks
Timothy St John is a seasoned financial analyst and writer, catering to the dynamic landscapes of the US and European markets. Boasting over a decade of extensive freelance writing experience, he has made significant contributions to reputable platforms such as Yahoo!Finance, business.com: Expert Business Advice, Tips, and Resources - Business.com, and numerous others. Timothy's expertise lies in in-depth research and comprehensive coverage of stock and cryptocurrency movements, coupled with a keen understanding of the economic factors influencing currency dynamics. Timothy majored in English at East Tennessee State University, and you can find him on LinkedIn.
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