Crypto market’s weekly winners and losers – KAS, DEXE, UNI, TRUMP
Bitcoin (BTC) declined 3.88% over the past week amid geopolitical tensions in West Asia, triggering a broader crypto market downturn. Despite the sell-off, several altcoins showed notable gains. Kaspa (KAS) rose 19.5%, breaking key moving averages, while DeXe (DEXE) climbed 18.62%, highlighting strength in the AI crypto sector. Fetch.ai (FET) and Quant (QNT) also posted gains of 16.55% and 12.6%, respectively.
On the losing side, Uniswap (UNI) fell 12.4% due to DeFi sector weakness, and TRUMP token dropped 20.51% following a post-conference decline. OKB slid 12.57%, continuing its bearish trend after a recent rally. Other notable losers included Midnight (NIGHT), Render (RNDR), and Internet Computer (ICP).
Bitcoin’s ability to hold above $65.6k support could signal a potential rebound, offering stronger altcoins a chance to recover in the coming week.
ambcrypto03/22 20:02