#CryptoStocks Which cryptocurrencies are resisting the market decline better?
In a largely red landscape, some cryptocurrencies and tokens are closing the week with significant gains. AERO, AB, and JTO lead the ranking within the top 100 by market capitalization.
The absence of memecoins among the winners shows little appetite for risk among investors.
The cryptocurrency market is going through a red tide that is causing sharp declines, as a consequence of a context loaded with geopolitical tensions.
CriptoNoticias has reported that in the Middle East, there are moments of extreme tension due to the military conflict involving Iran and Israel. In such events, financial markets react with uncertainty, including bitcoin (BTC) and cryptocurrencies. In these contexts, investors tend to divest from assets considered risky to seek refuge in financial instruments, such as Treasury bonds, which are less exposed to market volatility, even if they generate lower returns.
This is why most cryptocurrencies within the top 100 by market capitalization are experiencing sharp declines.
However, despite this red-painted landscape, some digital assets are standing out and closing the week with positive returns. One fact that reflects the lack of appetite for risk in the market is that no memecoin generated profits in the last 7 days.