Crypto market sentiment had been turning more positive in the month of August, and this had seen the digital assets in the space return double-digit growth in the first week of the month. However, the market has been unable to hold its bullish trend properly, and cryptocurrencies are beginning to shed the gains that they had put on in the first week. While the assets remain largely at positive levels, the gains for last week are noticeably less than the previous week. Weekly Gains Drop Across The Board The weekly gains across the crypto market have been down for the last week. The Small Cap Index still remains the apparent winner through the week, as is expected during such recoveries. But it was in no way close to the gains that were recorded for the prior week. Related Reading: Flippening Forewarning? Ether Options Overtake Bitcoin As The Top Crypto To Trade Small Cap altcoins came out on top with 8% gains for last week. This put it 2% ahead of the Mid and Large Cap Index and 5% better than Bitcoin’s performance. However, it should be taken into account that small cap altcoins possess more volatility compared to the other indexes. Hence the large swings in gains and losses. The Large Cap Index made a surprising move last week by rivaling the returns of the Mid Cap Index. Usually, in cases like these, the Mid Cap tends to outperform alongside the Small Cap, but last week saw it return 6% gains, the same as the Large Cap Index...
