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This week bitcoin appreciated over 6% against the U.S. dollar, while ether increased more than 3% in the same period. Meanwhile, more than twelve alternative cryptocurrencies saw double-digit gains between 10% and 33.4%.
Weekly Crypto Highlights: Double-Digit Gains and Losses Across the Board
As of Monday, the total value of the crypto economy stands at $2.41 trillion, reflecting a 0.03% rise in the past day. Global trading volume in crypto assets reached $59.98 billion, marking an increase of over 26% from Sunday.
Leading the seven-day gains this week was pendle ($PENDLE), which climbed 33.4% against the dollar and also rose more than 12% in the last day. Fantom (FTM) secured the second spot with a 31.4% increase, followed by chainlink ($LINK) with a 21.8% rise this week.
Other significant gainers over the past seven days include solana ($SOL), ondo (ONDO), arweave (AR), safe (SAFE), and theta (THETA), each advancing between 13.8% and 20.7% against the dollar.
Excluding BTC, ETH, and stablecoins, the highest trading volumes this week were recorded by solana ($SOL), binance coin ($BNB), XRP, dogecoin (DOGE), pepe (PEPE), chainlink ($LINK), dogwifhat ($WIF), and pyth (PYTH).
Solana led the top ten performers, outpacing the group’s gains. Despite the overall positive trend, three digital assets experienced double-digit losses. Worldcoin ($WLD) faced the largest decline, dropping 19.4%, followed by dogwifhat ($WIF) with a 13% decrease.
Toncoin (TON), a new entrant to the top ten, fell 11.7% against the dollar. Additional notable losses were seen in ENA, RNDR, W, MNT, and TIA, each declining between 4.9% and 9.3%. DYDX, binance coin ($BNB), cosmos (ATOM), and lido (LDO) also saw losses ranging from 4.1% to 4.8% over the week.
What do you think about the week’s crypto market performances? Share your thoughts and opinions about this subject in the comments section below.