Crypto market’s weekly winners and losers – OKB, AERO, SPX, PENGU
Key Takeaways
OKB [OKB], Mantle [MNT], and Aerodrome Finance [AERO] led the week with sharp price surges. In contrast, SPX6900 [SPX], Pudgy Penguins [PENGU], and Conflux [CFX] saw significant declines.
This week in crypto was a rollercoaster.
Bitcoin [BTC] shot past $123k on rate-cut hopes, but inflation jitters quickly dragged it back to around $117k, pulling altcoins down with it. On the bright side, Bullish exchange’s IPO turned heads, raising $1.1 billion.
Meanwhile, Ripple [XRP] stayed in the spotlight, climbing close to its old highs on ETF optimism. Still, the real action was in mid-caps, while memecoins lost steam as speculative money rotated elsewhere.
