Crypto Market Sees Risk-Off Sentiment, Some Altcoins Defy Trends
This week was marked by a risk-off sentiment in the crypto market, leading to declines in several major assets. Bitcoin slipped below $63,000 after failing to hold the $65,000 level, while regulatory uncertainty around the CLARITY Act added to the pressure.
Despite this broader weakness, some altcoins managed to post strong weekly gains. Bitway [$BTW] led the charge with a 43% rally, but its RSI has entered overbought territory, suggesting a possible bearish correction in the short term.
Other notable winners included Worldcoin [$WLD], which jumped to an 11% increase after recording its first positive weekly change after seven consecutive losing sessions, and World Liberty Financial [$WLFI], which climbed to a 10.5% gain.