Here’s a lowdown of the biggest events in the crypto world last week:
Up or Down? Bitcoin Refuses to Pick a Side 🤷
At this point, it looks like Bitcoin (BTC) and its whales are toying with our emotions 😅. The world’s largest cryptocurrency has been stuck in a back and forth movement that is now becoming “boring” for investors hoping to see it rise to new highs 📈.
For the second week straight, the BTC price hovered between $114K and $120K, refusing to pick a side between a dip or a price rally. Bitcoin whales also moved the same way. Last week alone, a mega whale dumped $9 billion worth of BTC, while others stacked up 30,000 BTC like it was Black Friday 🛒.
As both BTC bulls and bears make their moves, momentum isn’t at its peak. It may be a good time to buy some dips. But, play smart and don’t get caught in the mix (not financial advice. You know how we roll 😉).
Altcoins say “It’s HODLing Season” ✊
While Bitcoin is just there, altcoins are bleeding badly. In the last 7 days:
- Ethereum (ETH) dipped by 8%+🔻
- Ripple’s XRP dropped by 9%+ 🔻
- Solana slipped by 14%+ 🔻
- Dogecoin (DOGE) decreased by 17%+ 🔻
- Cardano (ADA) declined by 12%+ 🔻
Why’s the market down?
The US dollar is going strong and flexing on cryptos with increasing interests 💵. Plus, President Trump announced new tariffs on India, Canada, South Africa, and Switzerland, triggering sell-offs from traders afraid of uncertainty.
But hey! Winning in crypto doesn’t only happen when the markets are green. Even the red candlesticks are full of opportunities, especially for HOLDers who may laugh last if (or when 🌚?) the market bounces back. While HODLing could be the move this period, it’s up to you to find what aligns with your strategy. #WAGMI 🚀.
Disclaimer: This content may cause extreme FOMO (Fear of Missing Out). Side effects of investing include sudden wealth (or, you know, the opposite 😢).
Please do your own research (DYOR) or speak to your financial advisor before making any decisions.
