Broader Market Overview
The cryptocurrency market saw substantial upward movement, with Bitcoin [BTC] climbing over 20% to near the $80,000 threshold. This rally was supported by ETF inflows, liquidity improvements, and a general risk-on market sentiment. Large-cap and mid-cap altcoins participated heavily in the gains, whereas smaller tokens recorded minor losses of 1% to 2%.
Top Weekly Gainers
Among individual altcoins, Ethena [ENA] led performance rankings with a weekly price increase of over 100%. ENA broke above the $0.15 level for the first time since the first quarter, backed by favorable macro conditions and technicals that have not yet entered overbought territory.
Pump.fun [PUMP] followed with a 95% increase, though its relative strength index (RSI) points toward overbought levels as it approaches a critical $0.006 resistance barrier. PEPE [PEPE] secured the third position among memecoins with a 55% surge, nearing a key $0.000004 resistance level supported by strong on-chain inflows and a low RSI.
Other notable altcoin winners included Tutorial [TUT] up 103%, NockChain [NOCK] up 101%, and Octra [OCT] up 89%.
Weekly Losers and Market Laggards
Despite the broader bullish momentum, certain tokens faced downward pressure. World Liberty Financial [WLFI] registered a 2% weekly drop, struggling to maintain previous gains as short-term bearish dominance persisted despite positive macro sentiment.
HTX DAO [HTX] recorded a 1.5% correction, breaking below a tight consolidation pattern that suggests bulls are losing control of price action. Meanwhile, MemeCore [M] saw a minor 1% correction, remaining relatively resilient and range-bound near the $1 support level.
In the broader market, tokens such as Audiera [BEAT] dropped 65%, Humanity [H] fell 59%, and Secret [SCRT] shed 40% as traders unwound positions.
