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What awaits cryptocurrencies this week?✨✨✨✨✨✨
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Everything indicates that next week will be high tension for the digital currency market. This expectation is reflected in the recent behavior of these assets. Since the verbal hostilities resumed between representatives of China and the United States, the price of BTC has retreated.
According to data from CoinMarketCap, this week the price of Bitcoin has suffered a considerable decline. Until Wednesday, and even Thursday, the leading cryptocurrency was holding close to its all-time high reached on May 22. However, on Thursday, the decline began.
Despite the enthusiasm generated by the Bitcoin 2025 Conference and the drop in PCE inflation, the token failed to maintain its position. This Friday, BTC touched a local minimum of $103,136 per unit. At the time of writing this note, the coin shows a partial recovery to $104,700.
As for altcoins or alternative coins, the outlook is also not encouraging. The entirety of the top 10 cryptocurrencies by market capitalization shows red numbers, both in the 24-hour period and over the past seven days. Meanwhile, the memecoin segment is one of the most punished, with most of the major tokens accumulating double-digit losses in the last week.
If trade tensions persist during the next week, it is not ruled out that cryptocurrencies may suffer even greater setbacks.
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