Crypto Market Weekly Recap
This week, the crypto market experienced a $19 billion wipeout. Despite this, some assets showed significant gains, while others declined.
Weekly Winners
- Zcash [ZEC]
- Memecore [M]
- Tether Gold [XAUt]
Weekly Losers
- DoubleZero [2Z]
- Pump.fun [PUMP]
- MYX Finance [MYX]
Crypto was a rollercoaster this week.
Bitcoin [BTC] briefly surpassed $126k before the market wipeout, triggered by Trump's 100% China tariff. However, institutions continued to invest, with crypto ETFs reaching a record $5.9 billion.
Zcash [ZEC] led the week's gains with a 66%+ jump, demonstrating internal strength.
Author's summary: Crypto market sees $19 billion wipeout amidst gains and losses.
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