Bitcoin ended the week with moderate growth, consolidating above the $58,000 mark. Investors recorded cautious optimism after the publication of macroeconomic data in the US and lower volatility in the stock market.
Ethereum traded in the range of $2,300-2,450, supported by inflows into staking and DeFi sector activity. Amid discussions of network upgrades, interest in ETH remains stable.
And among altcoins, the standouts were:
Solana (+9% for the week) – thanks to increased activity in NFT and the launch of new projects,
XRP (+6%) – on the back of positive news about lawsuits,
Dogecoin (+4%) – remains volatile, but demand is supported by the community.
The crypto market capitalisation at the end of the week was about $2.2 trillion, the BTC dominance index remained at 48%.
It should be noted that interest in stablecoins has slightly decreased, indicating an increased willingness of market participants to return to risky assets.
The key risk factor remains the uncertainty of the Fed’s monetary policy and dollar fluctuations. Fixygen analysts note that the coming weeks may bring a surge in volatility, especially against the background of rate decisions and the publication of inflation data in the US.