Another tough week for crypto traders ended on a high note, with word that the US Securities and Exchange Commission does not believe Bitcoin and Ether are securities. The news helped trigger a brief bump in the markets, but did little to slow the overall trend.
Today, Dragonchain (DRGN) led the way, gaining more than 14% in the last 24 hours. Binance Coin (BNB) and Basic Attention Token (BAT) followed, each gaining more than 5%. Here’s a look at 10 coins in the green over the last 24 hours.
| Coin | Percentage Gain |
| Dragonchain | 14.89% |
| Binance Coin | 5.60% |
| Basic Attention Token | 5.52% |
| Ontology | 4.81% |
| Substratum | 4.60% |
| Elastos | 4.36% |
| Ethereum Classic | 4.17% |
| Loopring | 3.91% |
| VeChain | 3.44% |
| Dash | 3.31% |
As for the last seven days, the total market cap of all cryptocurrencies combined went from about $327 billion to $281 billion, according to CoinMarketCap.
Every coin in the top 10 ended the week in the red.
IOTA, EOS and Tron fared the worst, all down more than 20%. Here’s a look at how the top 10 coins by market cap performed over the last week.
| Coin | Percentage Loss |
| Bitcoin | -11.23% |
| Ethereum | -13.66% |
| Ripple | -17.01% |
| Bitcoin Cash | -18.86% |
| EOS | -21.84% |
| Litecoin | -15.73% |
| Stellar | -15.41% |
| Cardano | -16.43% |
| IOTA | -23.51% |
| Tron | -21.74% |
Despite the downturn, Bitcoin bull Tom Lee of Fundstrat and billionaire investor Tim Draper are undeterred. Both recently made high-flying predictions for Bitcoin. Lee pegs the price at $25,000 by the end of the year and Draper pegs it at $250,000 by 2022.
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