ECOS weekly analytical report
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The last week (February 07-13) analytics and the crypto market performance.
The total capitalization of all cryptocurrencies decreased by +3% over the last week and amounted to $1 trillion 870 billion
Bitcoin decreased by 5%, Ethereum – by 10%
This may be a good time to buy the dip
ECOS Portfolios performance
Overall all portfolios followed the market trend last week and decreased
Good news: ECOS has significantly decreased the rates for BTC mining hash power
News of the week
- The Government of Russia has approved the principles of cryptocurrency regulation
- Binance will take a $200m stake in Forbes
- El Salvador Bitcoin Bond Issuance Coming on March 15
- The U.S. Justice Department (DOJ) has seized over 94,000 bitcoins that were allegedly stolen in the 2016 hack of crypto exchange