Which cryptocurrencies are resisting the market downturn the best?
In a landscape mostly painted red, some cryptocurrencies and tokens are closing the week with significant gains.
A large red arrow symbolizing the market price drop.
The cryptocurrency market is experiencing sharp declines due to the conflict between Israel and Iran.
The absence of memecoins among the winners shows little risk appetite among investors.
The cryptocurrency market is going through a red tide that causes sharp declines, as a result of a context filled with geopolitical tensions.
In the Middle East, there are moments of extreme tension due to the war conflict involving Iran and Israel. In such events, financial markets react with uncertainty, including bitcoin (BTC) and cryptocurrencies.
However, despite this red-painted landscape, some digital assets are standing out and closing a week with positive returns. A fact that reflects the lack of risk appetite in the market is that no memecoin generated profits in the last 7 days.
The aerodrome token (AERO) is the asset with the best weekly performance, with a rise of 62.3%.