According to the results of the past week, the coins in the top 10 largest cryptocurrencies by market capitalization demonstrated predominantly positive dynamics.

Bitcoin ($BTC ) started this seven-day period with growth. Initially, it attacked the $122,000 mark, then retraced to the opening levels of the week. On the morning of August 14, Bitcoin updated its all-time high above $124,000. After that, the cryptocurrency corrected again amid a general downturn. Liquidations in the crypto market exceeded $1 billion. The sharp decline was caused by PPI data signaling strong inflation. Over the weekend, BTC remained in a weekly loss. According to Coinmarketcap, at the time of writing, BTC was trading around $118,320, with a weekly decrease of 0.4%.

Ethereum ($ETH ), unlike BTC, demonstrated less volatility and a more stable upward trend. The price reached a new annual high of $4,788 on Thursday, touching a level not seen since December 1, 2021. At the time of writing, ETH was trading around $4,565, ending the week with an increase of 8.22%.

The leader of growth this week was Cardano ($ADA ). The token broke the $1 barrier for the first time in five months but then retreated. #ADA #BTC #ETH