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Crypto & Bitcoin

Crypto market’s weekly winners and losers – HYPE, ANI, BTW, FUN

Reported by Ritika Gupta, AMBCrypto

Image: AMBCrypto

Crypto had a tough week in terms of volatility. Overall the market has lost 3.3% in total market cap. Bitcoin and Ethereum have both lost 4%. However, the major hit came on the 30th of October with reports of a $6.3 billion Binance security breach that rattled market sentiment and pushed BTC below the key $80k. Notably, this was compounded by tech stocks and general risk-off sentiment. Altcoins have had a varied week too, with HYPE, PEPE and QNT seeing strong gains but smaller caps seeing heavy selling.

This is an excerpt. The reporting belongs to AMBCrypto.

Read the full report on ambcrypto.com
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