Crypto Market's Weekly Winners and Losers
This week saw a $19 billion wipeout in the crypto space. Despite this, some assets performed well, including Zcash [ZEC], Memecore [M], and Tether Gold [XAUt], which led the week in gains.
- Zcash [ZEC] topped the gainers with a 66%+ jump
- DoubleZero [2Z], Pump.fun [PUMP], and MYX Finance [MYX] saw significant declines
Crypto was a rollercoaster this week.
Bitcoin [BTC] briefly surpassed $126k before the market wipeout, triggered by Trump's 100% China tariff. However, institutions continued to invest, with crypto ETFs pulling in a record $5.9 billion.
Author's summary: Crypto market experiences $19 billion wipeout.
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