Crypto markets were relatively quiet this week as selling pressure continued to derail Bitcoin and altcoins.

While the majors struggled to gain traction, smaller-cap issues saw more dramatic swings, with some seeing double-digit declines. The overall market was cautious as traders waited for a sign of strength.

Weekly winners

Bitway [BTW] – Bitcoin-focused DeFi infrastructure extends its rally

Bitway [BTW] was this week’s big winner, surging almost 50%. The altcoin continues to dominate the bullish narrative for the seventh consecutive week as each of this week’s candles posted a new all-time high (ATH).

Technically, this week’s rally pushed BTW to a new ATH of $2.70, putting the $3 mark in focus. The RSI indicator is…