On Monday, July 8, the global cryptocurrency market capitalization hovered around $2.11 trillion, reflecting a 0.42% increase over the past day. Although there was a modest uptick at the beginning of the week, only a few crypto assets recorded gains during this period. The top performer for the week was beldex (BDX), which climbed 23.08% against the U.S. dollar in the last seven days.
Weekly Crypto Roundup: Beldex Tops Gainers, Celsius Token Sinks 44%
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This Week’s Crypto Gainers and Losers
Only four cryptocurrencies experienced double-digit gains against the dollar this week: beldex (BDX), mantra dao (OM), aelf (ELF), and layerzero (ZRO). Beldex (BDX) led with a 23.08% rise, followed by mantra dao (OM) at 21.92%.
Aelf (ELF) increased by 20.74%, and layerzero (ZRO) saw a 16.77% jump. Other notable gainers included EGLD, CHR, FTN, ZBU, TIA, and BONK. These six coins rose between 2% and 9.8% over the week.
The biggest loser was Celsius’s token CEL, which fell 44.27%. This decline came after retail Celsius users were sued by the bankruptcy estate. Constitutiondao (PEOPLE) dropped 38.57%, mog coin (MOG) decreased by 32.86%, blast (BLAST) saw a 29.19% reduction, and io net (IO) took a 28.24% hit.
Trading volume increased this week amid significant market fluctuations. Excluding BTC, ETH, and several stablecoins, solana (SOL) had the highest volume, followed by binance coin (BNB).
Other top-volume coins included XRP, NOT, PEPE, WIF, SHIB, and TON. Of the total $2.11 trillion market value, BTC accounts for 53.5%, while ETH’s share is around 17.4%. Additionally, fiat-pegged stablecoins comprise 7.63% of the crypto economy today.
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What do you think about this week’s crypto gainers and losers? Share your thoughts and opinions about this subject in the comments section below.
About the author
WRITTEN BYJamie RedmanNews Lead
Jamie Redman is the News Lead at Bitcoin.com News and a financial technology journalist based in Massachusetts.
