Crypto Market Turns Risk-Off, Bitway Leads Gainers Amid Broader Declines
The crypto market turned risk-off this week, leading to a decline in prices across many assets. Bitcoin fell below $63,000 after failing to hold above the $65,000 level, while regulatory uncertainty surrounding the CLARITY Act added to the pressure.
Despite the broader market weakness, some altcoins managed to outperform and post strong weekly gains. Bitway [BTW] led this week's gainers with a 43% rally, but its RSI has entered overbought territory, suggesting a possible bearish correction in the short term.
Other notable winners include Worldcoin [WLD], which posted an 11% increase after seven consecutive losing sessions, and World Liberty Financial [WLFI], which climbed 10.5% despite still being influenced by bears.