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NewsBTC 2022-07-14 23:00:50

Mid Cap Crypto Coins Lead In July, Best Way To Weather The Winter?

While the crypto market had succumbed to the winter, there are some digital assets that have refused to be dragged down with it. These cryptocurrencies putting up a harder fight than even their larger counterparts have been able to keep their heads above water. Two weeks into the new month and most assets in the space are already in the red. However, the Mid Cap cryptocurrencies have barreled in the opposite direction. Mid Cap Index Takes The Lead The July market has not been a favorable one for investors. This is evident in the red figures plastered all across the charts. Bitcoin which has seen the most support recently has not been able to escape the onslaught either but there is a group of coins that have been able to turn it around for good. Related Reading | Bitcoin Daily Exchange Net Flows Shows Sell-Offs Have Not Subsided The Mid Cap Index is one comprised of coins that are ranked 11 to 50 on the market. These coins are those that have proven themselves over time and as a result, have built an impressive community behind them. Given this, they have been able to shoulder the bear market better than any other cryptocurrencies. While other indexes had been seeing negative returns, the Mid Cap Index is up 1.9% in the first two weeks of July. Mid Cap Index is in the green | Source: Arcane Research For comparison, bitcoin is down -0.2% since July started. The small cap index has done better than bitcoin in this rega...

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