Week in review: ups and downs
Capitalization
As the last week showed, the capitalization of the cryptocurrency amounted to 166.6 billion dollars, with 59.7% accounting for Bitcoin, 17.6% - Ethereum, 4.9% - Ripple, 3.3% - Bitcoin Cash, 2% - Litecoin, 1.3% - Dash, 1.2% - NEM.
Chart 1 - Shares of bitcoin and altcoins in cryptocurrency market cap
| Cryptocurrency | Share |
| Bitcoin | 59,7% |
| Ethereum | 17,6% |
| Ripple | 4,9% |
| Bitcoin Cash | 3,3% |
| Litecoin | 2,0% |
| Dash | 1,3% |
| NEM | 1,2% |
| Other altcoins | 10,0% |
Source: calculation made by Bitnewstoday.com
The volume of bitcoin's capitalization is 99.9 billion dollars, which is 10% more than the last October 13. The capitalization of Ethereum increased by 1.4% to $29.3 billion.
Which coins became more expensive, and which lost in price?
This week's growth leaders are Yocoin (YOC), BunnyCoin (BUN), Virtacoin (VTA), CageCoin (CAGE), Environ (ENV), TransferCoin (TX), PeepCoin (PCN), TajCoin (TAJ), NewYorkCoin (NYC) , BitQuark (BTQ). And the first four cryptocurrencies are real record holders, they demonstrated growth of 2789.64%, 1780.79%, 1467.11%, 1299.23% respectively. However, the cost of these crypto coins is only a few cents. So YOC is rated at $0.059074, BUN - $0.000031, VTA - $0.000032, CAGE - $0.000032, respectively.
Chart 2 - Growth leaders
| Cryptocurrency | Market cap, millions | Volume rankings | Price |
| YOC | $6,424 | 133 | $0,059074 |
| BUN | $3,215 | 374 | $0,000031 |
| VTA | $0,299 | 424 | $0,000058 |
| CAGE | $3,210 | 375 | $0,000032 |
| ENV | $0,005 | 666 | $0,000038 |
| TX | $14,347 | 92 | $2,33 |
| PCN | na | 776 | $0,000060 |
| TAJ | $0,152 | 324 | $0,020198 |
| NYC | $1,979 | 206 | $0,000015 |
| BTQ | $0,107 | 332 | $0,015015 |
Source: According to coinmarketcap.com
The following cryptocurrencies showed the biggest decline: Yescoin (Yes) fell 93.27% to $0.000002, RabbitCoin (RBBT) 92.69% to $0.000002, Bastonet (BSN) 91.45% to $ 0,001682, Virtacoinplus (XVP) 88.05% to $0.005754, Falcoin (FAL) 86.99% to $0.486140.
How has the value of market leaders changed?
Last week saw bitcoin breaking all-time high record again by surging above $6,000. Compared to October 13 the first cryptocurrency grew by 10.5%. Bitcoin's biggest drop this week was registered at $5,151.44 on October 18.
Ethereum was rated at $308, which is just 0.01% higher than its price on October 13. It should be noted that on the same Friday (13.10.2017) the cost of 1 ETH rose to $338.76, but after growing on Tuesday to $339.63, the value of this cryptocurrency began to decline. During the week of trading its highest level was fixed at $349.35 October 16. Its lowest price during the relevant period was fixed on October 18 and amounted to $290.64.
Another currency, which is among the leaders in terms of capitalization, Ripple, on the contrary, showed a decrease in value from $0.248285 on October 13 to $0.209699 at the time of writing. As a result, the XRP coin fell by 18.4%.
Last week was another period of decline for Bitcoin Cash. From October 13 to October 20, the bitcoin offshoot fell in price by 4.5%. However, October 18 was a happy day for BCH, then its value increased to $394.96, but the next day its price fell to $339.17.
The cost of Litecoin wasn't changing much throughout the week. So, on October 13 it amounted to $60.55, and at the time of writing the article - $ 60.93 (0.6% growth).
Bitnewstoday.com. will closely monitor how will bitcoin and altcoins perform next week.