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These were the 5 worst performing cryptos over the past week amid the bitcoin bear market

Matthew Fox   

These were the 5 worst performing cryptos over the past week amid the bitcoin bear market
  • While bitcoin and ethereum dominate the headlines, there are more than 17,000 crypto coins.
  • With less liquidity and more volatility, these alternative cryptocurrencies can deliver investors massive losses or gains in a short period of time.
  • These were the five worst performing cryptocurrencies over the past week, according to data from CoinMarketCap.
  • Sign up here for our daily newsletter, 10 Things Before the Opening Bell>$4.

Bitcoin's$4 has sucked the life out of many popular cryptocurrencies, with the total crypto market capitalization $4 But less liquid altcoins have seen an even steeper decline.

With more than 17,000 cryptocurrencies in existence and counting, there are more than triple the number of crypto coins than there are US exchange-listed stocks. That massive amount of supply makes it nearly impossible to keep track of all the big movers in the crypto sector outside of well known coins like $4, $4, and $4.

The surge in new crypto coins came amid a massive bull market for the sector in 2021, but $4 from its November high is challenging the space, especially in smaller coins that saw extraordinary gains last year like solana, cardano, and polkadot.

With less liquidity and more volatility, these alternative cryptocurrencies can deliver investors massive losses or gains in a short period of time. Shiba inu is down 65% from its recent high, but is still $4 over the past year. Meanwhile, $4 in a single day after delivering swift gains of 75,000%.

Keeping an eye on the weekly winners and losers can help investors identify which coins are beginning to gain and lose traction in the crypto community.

These were the five worst performing cryptocurrencies with a market value of more than $1 billion over the past week, according to $4

5. Curve DAO Token

Symbol: CRV
Market Value: $1.7 billion
7-Day Performance: -26.2%

4. NEAR Protocol

Symbol: NEAR
Market Value: $8.9 billion
7-Day Performance: -27.8%

3. Kadena

Symbol: KDA
Market Value: $1.1 billion
7-Day Performance: -30.5%

2. Harmony

Symbol: ONE
Market Value: $2.8 billion
7-Day Performance: -33.0%

1. Loopring

Symbol: LRC
Market Value: $1.3 billion
7-Day Performance: -33.4%

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