This Week in Coins: Ethereum and Avalanche Rally, Crypto Winter Still Not Over

bitcoin August 13, 2022 Ethereum Leave a comment 13 Views

This week in coins. Illustration by Mitchell Preffer for Decrypt.

Despite the ongoing cypto bear market, many top cryptocurrencies posted double-digit percentage gains over the week.

Bitcoin had no such luck. Bitcoin only rose 5.5% over the last seven days and currently trades for $24,460 according to CoinMarketCap. 

Ethereum rallied much harder. The No. 2 cryptocurrency and leading blockchain for high-functionality smart contracts is up 16% in the past week to $1,984 at the time of…


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