Crypto Market Overview
This week saw a significant shake-up in the crypto space, with a $19 billion market wipeout.
Weekly Winners and Losers
Top gainers included Zcash [ZEC], Memecore [M], and Tether Gold [XAUt], while DoubleZero [2Z], Pump.fun [PUMP], and MYX Finance [MYX] experienced notable declines.
- Zcash [ZEC] saw a 66%+ jump, showcasing internal strength.
- Bitcoin [BTC] briefly surpassed $126k before the market wipeout.
Crypto was a rollercoaster this week.
Despite the turmoil, institutions continued to invest, with crypto ETFs attracting a record $5.9 billion.
Author's summary: Crypto market experiences $19 billion wipeout.