In the latest cryptocurrency developments, Bitcoin (CRYPTO:BTC) saw significant price fluctuations, dropping from over $63,000 to around $54,000 before partially recovering to approximately $57,000.

Analysts speculate on whether this signals the end of its current bull cycle or a temporary setback.

Meanwhile, Shiba Inu (CRYPTO:SHIB) experienced a 6% weekly decline but showed resilience with a weekend rebound, fueled by an 800% surge in token burn rate and increased whale activity.

Ripple's XRP (CRYPTO:XRP) also faced volatility, dipping below $0.40 amid market turbulence but recovering to around $0.43, with its future closely tied to the outcome of Ripple's ongoing lawsuit against the SEC, which has implications for its market trajectory.