Crypto market’s weekly winners and losers – HYPE, ANI, BTW, FUN

Crypto had a tough week in terms of volatility. Overall the market has lost 3.3% in total market cap. Bitcoin and Ethereum have both lost 4%. However, the major hit came on the 30th of October with reports of a $6.3 billion Binance security breach that rattled market sentiment and pushed BTC below the key $80k. Notably, this was compounded by tech stocks and general risk-off sentiment. Altcoins have had a varied week too, with HYPE, PEPE and QNT seeing strong gains but smaller caps seeing heavy selling. Weekly winners Hyperliquid [HYPE] - DEX token pushed toward a key inflection point Hyperliquid [HYPE] led gains this week with a strong +16%, putting it at a critical turning point.

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