Is It Over? π
This week saw major weakness across crypto. Both BTC and ETH slid from their start-of-week levels, selective altcoins held up surprisingly well, and macro signals turned cold.
β‘οΈ Market Snapshot
π Bitcoin ranged from ~$101.22K β ~$96.91K.
π Ethereum ranged from ~$3,314 β ~$3,229.
π Total crypto market cap is about $3.29 trillion, showing broad weakness.
π Institutional & Market Highlights
π΅ The longest US government shutdown in history ended this week, with a funding bill passed and agencies restarting operations.
π΅ The Federal Reserve signalled caution this week, and the perceived chances of a December rate cut dropped sharply β hurting risk sentiment.
π Altcoin Highlights
π£ AB (AB) ~+36% β Driven by growing exchange listings and higher trading volume this week.
π£ Starknet (STRK) ~+27% β Upgraded protocol and surging TVL in its ecosystem boosted sentiment.
π£ Uniswap (UNI) ~+26% β Gains tied to its governance overhaul and activation of a fee-switch mechanism.
π Whatβs Next?
With majors drifting and macro uncertainty still strong, no one clearly knows what comes next β this could be a base forming or another slide in waiting.
Launch BeWhale
Post #113
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