Weekly Crypto Market Winners and Losers
This week saw a significant $19 billion market wipeout. Notable crypto assets like Zcash [ZEC], Memecore [M], and Tether Gold [XAUt] led in gains.
- Zcash [ZEC] had a 66%+ jump, showcasing internal strength.
- DoubleZero [2Z] and Pump.fun [PUMP] experienced significant declines.
Crypto was a rollercoaster this week, with Bitcoin [BTC] reaching $126k before the market wipeout.
Despite the chaos, institutions continued to invest, with crypto ETFs pulling in a record $5.9 billion. ICE invested $2 billion in Polymarket, and S&P introduced a new crypto index.
Author's summary: Crypto market sees $19 billion wipeout.
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