Crypto Market Weekly Recap
This week saw a significant $19 billion market wipeout, affecting various crypto assets.
Weekly Winners and Losers
Zcash [ZEC], Memecore [M], and Tether Gold [XAUt] led the week in gains, while DoubleZero [2Z], Pump.fun [PUMP], and MYX Finance [MYX] experienced significant declines.
Crypto was a rollercoaster this week, with Bitcoin [BTC] reaching $126k before the market wipeout.
Institutions continued to show confidence, with crypto ETFs pulling in a record $5.9 billion.
- ICE invested $2 billion in Polymarket
- S&P launched a new crypto index
- Regulators remained active
Zcash [ZEC] stood out with a 66%+ jump, demonstrating internal strength, as noted by AMBCrypto.
Author's summary: Crypto market experiences $19 billion wipeout.
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