Crypto Market Retreats to Pre-Week Levels Amid Cautious Tone

The crypto market has retreated to levels seen at the start of the week, with its capitalization hovering around $2.17 trillion.

The market's cautious tone is reflected in its trading activity, which remains just above its 50-day moving average, a support level it has maintained since mid-July.

Among popular coins, Uniswap led the pack with an impressive 8.7% gain over the last day, followed by Filecoin and VeChain at 4.6% and 4.4%, respectively.

Uniswap has been a standout performer in recent weeks, boasting a 60% rise over the past 30 days.

On the other hand, Cosmos suffered a significant decline of 18% over the month, with its price hitting a multi-year low of $1.23, just shy of its all-time low recorded in March 2020.