Volatile September Begins with Big Pumps and Sharp Dips in Crypto Market
The cryptocurrency market kicked off September with a volatile week, marked by big pumps and sharp dips. Bitcoin briefly reclaimed $80k before pulling back to the $77k range.
Altcoins delivered a more mixed performance, with Ripple [XRP], Solana [SOL], and several smaller tokens showing strength. Robinhood Chain's activity and fee generation surged, fueling sharp rallies across tokens such as Pons [$PONS] and Arbitrum [$ARB].
Pons [$PONS] topped the gainers' chart with a 192% rally, followed by Arbitrum [$ARB] with a 140% gain. Dash [$DASH] occupied the third place with a 65% increase.
The weekly winners were led by Pons [$PONS], which reached its highest wick at $0.97 and a new all-time high. Arbitrum [$ARB]'s technical indicators failed to point to a consistently bullish scenario, while Dash [$DASH] approached the crucial $70-$80 zone.
The weekly losers included Pump.fun [$PUMP], which corrected by 11%+, followed by Official Trump [$TRUMP] with a 10% correction. Canton [CC] saw a 5% decline.