Crypto Market Weekly Review
This week saw a $19 billion market wipeout. Top gainers included Zcash [ZEC], Memecore [M], and Tether Gold [XAUt].
- Zcash [ZEC] led with a 66%+ jump, showing internal strength.
- DoubleZero [2Z], Pump.fun [PUMP], and MYX Finance [MYX] saw significant declines.
Despite the market chaos, institutions continued to invest, with crypto ETFs pulling in a record $5.9 billion.
Crypto was a rollercoaster this week.
Regulatory activity and significant investments, such as ICE's $2 billion into Polymarket, also occurred.
Author's summary: Crypto market experiences $19 billion wipeout.