This past week witnessed major cryptocurrencies like Bitcoin (CRYPTO:BTC) and Ethereum (CRYPTO:ETH) facing declines of 6.6% and 5.5% respectively against the U.S. dollar.
However, amid broad losses across the market, some assets managed to buck the trend.
Meme coins like Dogwifhat (CRYPTO:WIF) and Notcoin (CRYPTO:NOT) suffered steep losses of 31.2% and 24.3% respectively.
Conversely, AI-focused cryptocurrencies such as Fetch.ai (CRYPTO:FET) and SingularityNET (AGIX) saw gains of 12.1% and 10.2%, highlighting their resilience in a volatile market.
As the global crypto market cap settled at $2.24 trillion with a recent 4.56% decrease, the week's events underscore both the challenges and opportunities within the cryptocurrency sector.