This week in crypto markets, traders and investors witnessed a mix of strong rallies and notable pullbacks as headlines and macroeconomic events created waves across the space. The total crypto market cap remains resilient around the $4 trillion mark, reflecting measured optimism amid a wait on key policy decisions.
Top Performers This Week:
ImmutableX (IMX) led the pack with a robust 14% gain, propelled by growth in blockchain gaming adoption and fresh partnerships boosting utility.
Pump.fun (PUMP), a rising Solana meme-coin launchpad, saw an 8% surge fueled by speculation and growing community buzz.
Avalanche (AVAX) bounced back nearly 8%, supported by protocol upgrades and renewed developer engagement.
Dogecoin (DOGE) gained modestly by 2.5%, riding positive sentiment and sustained community support.$DOGE
Biggest Decliners:
Pepe (PEPE) corrected downward by 4.5% after a recent breakout, showing typical meme-coin volatility.
Shiba Inu (SHIB) eased by 4%, as traders shifted focus toward emerging altcoins.
Polkadot (DOT) dropped over 4%, likely impacted by rotation into other Layer 1 blockchains.
Ethena (ENA) slid 7%, pressured by liquidity tightening and cautious market sentiment.
Major Coin Updates:
Bitcoin (BTC) remains steady near $115K, as investors await the Federal Reserve’s upcoming announcement with market-moving potential.
Ethereum (ETH) showed resilience, weathering minor dips with strong on-chain activity and anticipation of upcoming upgrades.
Ripple (XRP) gained traction amid buzz over new XRP ETF approvals expected this month.
Binance Coin (BNB) held solid gains, reflecting robust growth in the Binance ecosystem.$BNB
Solana (SOL) attracted attention especially in India’s crypto community, maintaining strength and trading near ₹20,789.$SOL
Looking Ahead:
Market participants remain cautious ahead of the US Federal Reserve’s interest rate decision. A dovish stance could propel Bitcoin beyond $120K, while hawkish signals may induce short-term sell-offs. Ethereum’s strong fundamentals position it well for growth if ETF inflows continue.
Keep watching Binance Square for real-time updates, expert insights, and community conversations as the crypto market navigates this pivotal week.
