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Quant, Ethena and Bitway lead weekly crypto gains, can they hold?

Quant, Ethena and Bitway lead weekly crypto gains, can they hold?

Bitcoin has gained about 3.8% over seven days as U.S. spot Bitcoin ETFs have drawn $2.39 billion this week, while Quant, Ethena and Bitway have led the 100 largest crypto assets by weekly price gain.

Summary

  • Quant rose 61.8% after The Clearing House selected it for a U.S. tokenized-deposit network.
  • Ethena gained 54.1% as it expanded USDe’s backing strategy into tokenized stocks and equity futures.
  • Bitway climbed 48.0%, although a sharp daily reversal put its weekly advance under pressure.
  • Bitcoin held near $84,000 after reaching an eight-month high above $87,000 earlier in the week.

According to CoinGecko, Bitcoin traded near $84,077 on Sep. 26, and the total…

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