The cryptocurrency market has had a dynamic week, overshadowed by widespread uncertainties. Bitcoin (BTC) 
$101,463 and leading altcoins maintained a sideways trend throughout the week. The cancellation of SAB 121 regulations and optimism surrounding institutional investments contributed to this steady movement. Meanwhile, meme coins such as Shiba Inu (SHIB) and VINE attracted attention with their ecosystem developments. Ethereum (ETH) 
$3,186 and XRP, however, remained balanced in uncertainty as traders awaited new signals.
Bitcoin and Leading Altcoins Weekly Performance
Bitcoin closed the week at around $105,000. Despite a mere 0.1% increase over the past seven days, BTC experienced sideways movement amid expectations from the Trump era. Market participants are hopeful about the long-term potential following the cancellation of SAB 121. Semler Scientific’s announcement of an $85 million convertible bond issuance brought corporate interest back to the forefront.
Ethereum finished the week at approximately $3,300. With a slight increase of 0.5%, the rise in ETH’s open positions strengthens the likelihood of a breakthrough soon. XRP stabilized above $3, but its sideways movement, despite ETF applications, led investors to adopt a cautious approach.
Meme Coins Take Center Stage
Shiba Inu (SHIB) made headlines with its ShibOS, preparing its community for a transition to Web3. The user-friendly interface and new use cases kept interest in SHIB alive. Additionally, rumors of the Vine social media platform’s revival spotlighted VINE coin, with CoinGape setting a $1 target within 60 days, increasing open positions and exchange listings.
The rise of meme coins showcases the dynamic nature of the cryptocurrency market once again. However, the volatility of these assets is reshaping investment risk perceptions.
Market Expectations and Investment Strategies
The consolidation phase presents new opportunities for investors. Institutional moves in Bitcoin bolster long-term confidence, while technical indicators in Ethereum signal potential activity. The stagnation in XRP keeps investors on alert for further developments.
The popularity of meme coins serves as a reminder of the market’s speculative side. Experts emphasize the importance of fundamental analysis and risk management when venturing into this area. In the coming weeks, macroeconomic data and regulatory agendas will significantly influence the direction of the cryptocurrency market.
