Major cryptocurrencies have declined between 7% and 11% over the past week as bitcoin remains confined to a $60,000–$70,000 range, trading near $62,900 and struggling to establish upward momentum. Ethereum, XRP, Solana and dogecoin have underperformed, reflecting broader risk aversion and elevated sell-side pressure across the market. Analysts warn that bitcoin’s prolonged inability to break higher is increasingly tilting the short-term technical outlook toward the bears.
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Major Cryptocurrencies Drop 11% Over the Past Week as Mutuum Finance (MUTM) Reports $20.6 Million Raised
Major cryptocurrencies have declined between 7% and 11% over the past week as bitcoin remains confined to a $60,000–$70,000 range, trading near $62,900 and struggling to establish upward momentum. Ethereum, XRP, Solana and dogecoin have underperformed, reflecting broader risk aversion and elevated sell-side pressure across the market. Analysts warn that bitcoin’s prolonged inability to break higher is increasingly tilting the short-term technical outlook toward the bears.