The first week after Bitcoin’s halving was pretty bleak. After hitting a weekly high around $67,248, the price fell more than 2% to close the week at $63,304, marking its fourth consecutive weekly decline.
Altcoins
Following the lead of big brother Bitcoin, most altcoins in the top 100 have seen price declines over the past week, ranging from 0.6% (Ribbon Finance) to 20.2% (Ethena).
In addition to Ethena’s ENA, which suffered the deepest drop, several other tokens also saw double-digit declines, including:
In addition to the falling coins, there are also outstanding names with double-digit gains in the past seven days, such as ZBC +20.7%; PEPE +20.2%; BONK +18.2%; HBAR +16.2%; GT +13.4% and AR rose 11%. Additionally, several other altcoins have also gained between 0.3-9.3% during the same period.
(Personal opinion, not a recommendation)
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