Crypto market’s weekly winners and losers – BTW, TAUFA, M, US

Crypto markets were relatively quiet this week as selling pressure continued to derail Bitcoin and altcoins. While the majors struggled to gain traction, smaller-cap issues saw more dramatic swings, with some seeing double-digit declines. The overall market was cautious as traders waited for a sign of strength. Weekly winners Bitway [BTW] - Bitcoin-focused DeFi infrastructure extends its rally Bitway [BTW] was this week’s big winner, surging almost 50%. The altcoin continues to dominate the bullish narrative for the seventh consecutive week as each of this week’s candles posted a new all-time high (ATH). Technically, this week’s rally pushed BTW to a new ATH of $2.70, putting the $3 mark in focus. The RSI indicator is currently in overbought territory, indicating that BTW’s recent rally could soon cool down.

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