Crypto market performance last week

The cryptocurrency market has been in a bearish mood for the past week; the total market value is now around $3.7 trillion, down nearly $500 billion in just one week.

While Bitcoin has resisted above $100,000 and is now trading in the $107,000 channel, some altcoins experienced significant declines.

Binance Coin (BNB) fell 8% to below $1,100, while Bitcoin Cash (BCH) was the top loser of the week, down 12%. Chainlink (LINK), Stellar (XLM), Avalanche (AVAX), Hedera (HBAR), Cardano (ADA), and Ripple (XRP) all performed negatively.

In contrast, a few altcoins managed to buck the market’s downward trend. Ethereum (ETH), Solana (SOL), Tron (TRX), and Dogecoin (DOGE) recorded minor price increases, while lesser-known tokens such as Mantle (MNT), World Liberty Financial (WLFI), Bittensor (TAO), and Etna (ENA) were among the week’s major winners, posting significant gains.

The crypto market appears to be going through a volatile phase, where investor sentiment is fluctuating between concerns about global politics and hopes for a bullish rebound.