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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.