Crypto week ahead: BTC, ETH, and memecoins show signs of recovery
- The crypto market capitalization fell from $2.4 trillion to $2.201 trillion at the start of October.
- Memecoins showed signs of recovery, with market capitalization rebounding to $49 billion by the 7th of October.
The crypto week ahead could show signs of recovery following a significant decline in market capitalization over the past week.
Last week’s market dip saw major cryptocurrencies, including Bitcoin [BTC] and Ethereum [ETH], and memecoins, experience notable losses.
However, recent trends suggest a potential rebound, setting the stage for a more positive outlook in the coming days.
Trends from the previous week
The previous week saw a substantial drop in the overall cryptocurrency market.
Data from CoinGecko reveals that…
