dropped 9.6% over the seven-day period to trade near $0.076. Hyperliquid’s HYPE fell 9.9%, making it the weakest performer among the major digital assets tracked during the week. Ether declined 8.4% to about $1,581, while XRP lost 7.8% and traded near $1.06.
Solana and Tron showed more stable price action. Solana traded close to $72, while Tron held near $0.32. Both tokens were roughly unchanged for the week, despite weakness across the wider cryptocurrency market. Their performance separated them from memecoins and larger altcoins that faced heavier selling.
Bitcoin fell 5.3% to around $60,345 on Saturday. The cryptocurrency to about $58,800 on Friday before buyers pushed it back above $60,000. The recovery limited its weekly decline, although Bitcoin still traded close to its long-term 200-week moving average.
Market analyst Alex Kuptsikevich said Bitcoin approached $58,000 late Thursday and early Friday before ‘aggressive buying’ returned. He said the price movement appeared similar to margin liquidations followed by buying orders placed at lower levels. Nevertheless, he raised doubts about the strength of the recovery, warning that selling pressure could return.