The crypto market closed a volatile week lower, with total market capitalization down 3.3% and both Bitcoin and Ethereum shedding about 4%, according to a weekly market review. The sharpest move came on 30 October, when reports of a $6.3 billion Binance security breach rattled sentiment and pushed BTC below the $80,000 level. The review said the move was compounded by weakness in tech stocks and broader risk-off conditions.
Altcoins were mixed. A handful of larger names posted strong gains, while smaller-cap tokens saw heavy selling.
Weekly winners
Hyperliquid (HYPE): up 16%
HYPE led the week's gainers with a 16% advance that broke a five-week downtrend. The review linked the move to a partnership between Intercontinental Exchange, the parent company of the New York Stock Exchange, and Trade[XYZ] aimed at bringing regulated 24/7 perpetual futures markets to the United States using Hyperliquid infrastructure.
The token was described as approaching the $100 psychological level, with its relative strength index still below overbought territory. The review flagged $87 as a retest level to watch.
Pepe (PEPE): up nearly 15%
The Ethereum-based memecoin rose almost 15%, outperforming the wider market after weeks of selling pressure. Arkham Intelligence reported wallets linked to Justin Sun holding around $51 million in PEPE following reported accumulation over 10 days, while open interest in the token climbed to $400 million.
PEPE traded above key daily moving averages with an RSI of 62. The review cited $0.00000550 as an upside level and $0.00000486 as key support.
Quant (QNT): up about 10.5%
QNT gained roughly 10.5% against a broadly declining market and reclaimed the $200 level. Its daily RSI stood at about 56. The review identified $202 as resistance, with a range of 206 to 216 above it, and described 194 to 196 as a strong support area.
Other notable gainers
- Infinity Ground (AIN): up 636%
- MEET48 (IDOL): up 150%
- Capricorn (APR): up 82%
Weekly losers
Bitway (BTW): down nearly 35%
The DeFi infrastructure token extended a decline, falling almost 35% as sellers took over following a brief rally. The review said the weakness reflected a lack of risk appetite for small caps, with BTW trading below key moving averages, its RSI in oversold territory and the MACD reflecting selling pressure.
Rain (RAIN): down almost 25%
The stablecoin-focused payment and financial infrastructure token fell nearly 25%, lagging the broader market as buyers showed little interest. Price traded below key moving averages, the daily RSI fell to 27 and the MACD was bearish. The review highlighted $0.0060 as key support and $0.0070 as a level whose recovery would signal consolidation.
Worldcoin (WLD): down almost 15%
WLD fell nearly 15% after about 19.7 million tokens, worth roughly $10 million, were moved from a long-dormant institutional wallet to exchanges, sparking fears of further selling. Derivatives positioning added pressure, with heavy short positions weighing on the pair. After a rejection near $0.60, the review identified $0.46 as a support zone to defend, with $0.40 below it and $0.50 as a level whose retest would suggest an early bounce.
Other notable losers
- FUNToken (FUN): down 73%
- Akedo (AKE): down 70%
- Quack AI (Q): down 60%
Summary
Hyperliquid, Pepe and Quant led the week's gains, while Bitway, Rain and Worldcoin posted significant declines as small-cap risk appetite weakened.
