CandleFocus These Alts Dumped the Most Weekly as Bitcoin (BTC) Calms at $62K (Weekend Watch)
2024-10-06
Author: Content Editor
Bitcoin's price has remained stable around $62,000 over the weekend, but it experienced a tumultuous week with multiple price dips and a loss of over 5%. Ripple's native token, XRP, also faced challenges, including a filing for an XRP ETF and a subsequent SEC appeal against a court decision regarding secondary sales of the asset, resulting in a 15% drop in price. Other major altcoins such as DOGE, ADA, SHIB, DOT, and NEAR also experienced double-digit losses during the week. The total crypto market cap saw a significant drop of over $150 billion but has since recovered to $2.250 trillion.
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