Crypto Market Sees Mixed Moves Amid Geopolitical Tensions and DeFi Exploits

The crypto market experienced mixed moves this week due to geopolitical tensions and DeFi exploits. Despite the pressure, some altcoins showed strong gains driven by selective buying and technical momentum.

Audiera (BEAT) rallied 50% after a dip, while Shiba Inu (SHIB) surged nearly 35% supported by token burns and whale accumulation. Venice Token (VVV) climbed steadily by 9%, but DeXe (DEXE) crashed nearly 90% due to DeFi hacks and market fear.

The market remains volatile, with potential relief bounces possible if buying interest returns. The rally in SHIB was boosted by a massive deflation event, where the token burn rate spiked 5,223% in 24 hours, destroying 401 million tokens amid a $700M market surge.