Since the beginning of the year 2021, the entire cryptocurrency industry has blossomed and it has been gaining all-time highs. Almost every cryptocurrency and digital asset has managed to gain a lot of investments and rally due to their unique services and features.
However, when we look into details, we come to know that the ranks are always there that need to be allocated to each cryptocurrency. This is the reason why there are always top 5 or top 10 cryptocurrencies that manage to beat others to the race of adoption rate and valuation.
For the previous week, the top three cryptocurrencies that manage to beat others and gain supremacy were Bitcoin (BTC), Ether (ETH), and Binance Coin (BNB).
It is no longer a surprise for anyone in the crypto-verse that Bitcoin (BTC) managed to gain the highest amount of rally in the last week. The digital asset has been achieving all-time highs for several months and there is no stopping. Although Bitcoin (BTC) does end up losing its momentum every now and then, yet it is still very short-term. Then, Bitcoin (BTC) gets back to its usual momentum and manages to hit another all-time high.
In the last week, Bitcoin (BTC) came really close to hitting its $60k per BTC mark again after its $61.7k per BTC mark in the previous month. After hitting its $61.7k per BTC market in the previous month, BTC ending up experiencing a correction time and it went on for more than a couple of weeks.
During this time, Bitcoin’s price hovered between $53.5k and $55k, until last month, when its price again shot up and it ended up almost hitting the $60k per BTC figure again.
As it hit the $59k per BTC mark again, majority of the investors in Bitcoin (BTC) have again turned bullish and are now ready to make more investments in the digital currency. It is being speculated that by the end of this month, BTC will end up hitting the $66k per BTC mark.
The second cryptocurrency in the list is Ether (ETH) that managed to hit its all-time high again in the last week. Ether (ETH) reportedly hit the $2, 144.59 per ETH mark back on April 2, 2021. Unfortunately, Ether (ETH) failed to gain the trust of investors at this figure and its price ended up going all the way down to around $2k per ETH. At the time of writing, the price of ETH is hovering around $2,002 per ETH.
It is being speculated that by the end of April, Ether (ETH) will be able to hit the all-time high figure of $2618.14 per ETH.
Then the third cryptocurrency is Binance Coin (BNB) that has gained a lot of momentum since the beginning of 2021. At the start of 2021, BNB was not even in the list of all-time top 10 cryptocurrencies and in the last month, it gained 3rd spot in the top 10 cryptocurrencies by market capitalization.
On Friday, April 2, 2021, Binance Coin (BNB) reportedly hit an all-time high of $356.78. However, similar to ETH, it was not able to gain the trust of the investors and its price ended up going below $348.69. At the time of writing, Binance Coin (BNB) is sitting at $379.96 and it also gained an all-time high of $386 per BNB in the running week.
The analysts speculate that if Binance Coin (BNB) manages to keep the trust of the investors and more investments keep coming in, it will be able to hit $400 per BNB by the end of April.