This week, the crypto market turned risk-off with Bitcoin dropping below $63,000 amid regulatory concerns and market volatility. Bitway led gains with a 43% rally, supported by strong momentum despite overbought signals. Worldcoin posted an 11% rise, breaking a seven-week losing streak, while World Liberty Financial saw a modest 10.5% gain but remains under pressure. On the downside, Uniswap fell 17%, Cardano dropped nearly 10%, and Pepe declined 8.8%, all showing potential for further short-term losses. Investors should watch key support levels and market sentiment for future trends.
Bitcoin dropped from over $65,000 to just above $63,200 last week, influenced by Strategy's sale of 1,690 BTC. This decline led to a broader market pullback, with major altcoins like ADA and XRP also falling significantly. However, some tokens like C...
Worldcoin's potential unlocking of over 7 million WLD tokens, including 4.418 million recently unlocked and 2.779 million from a year ago, raises concerns about increased supply in a fragile market. Seller dominance and weak buyer demand add pressure...
