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