
These Are This Week’s Biggest Altcoin Gainers and Losers as BTC Slides to $108K (Weekend Watch)
After this historic week in which bitcoin skyrocketed past its January all-time high and set a new one, the asset’s price has retraced following Friday’s tariff statements by the POTUS.Many altcoins have posted notable gains on a weekly scale, led by HYPE, while SUI and XRP have retraced the most from the larger caps.BTC to $108KIt all began last Sunday evening when BTC broke out of its weekend calmness and shot up from $103,000 to almost $107,000. It faced immediate resistance there and was pushed south on Monday. The scenario repeated once again as the business week progressed, but thebullstook complete control of the market on Wednesday.After a minor pullback, the cryptocurrency went hard on the offensive in the afternoon and jumped past $109,100 to market a new all-time high. The bears were quick to intercept and drove bitcoin back down to $106,500, but that was another short-lived correction.By Thursday morning, BTC had resumed its run andskyrocketedto almost $112,000 (on Pizza Day) to register a new all-time high.More volatility ensued on Friday when US President Trumprecommendednew tariffs against the EU, and bitcoin slipped by several grand almost immediately. It now trades at around $108,000 after a quiet weekend, but it’s still 4% up weekly.Its market cap remains close to $2.150 trillion on CG, while its dominance over the alts is above 61%.Volatile AltsThe altcoins seem to be led by a new megastar: HYPE. Its price charted a new all-time high on Friday, and even a compromised Hyperliquid X account couldn’t halt its momentum. It’s up by 30% on a weekly scale and has become the top performer.AAVE follows suit with a 19% weekly jump, while XMR is third with a 17.7% such increase. PEPE and BCH are next in line.In contrast, SUI has dropped by 5% since this time last Sunday, and XRP has slipped to $2.3 after a 2.8% weekly decline.The total crypto market cap has shed around $30 billion since yesterday and is down to $3.5 trillion on CG.