CRO Skyrockets, ETH Crashes Post-ATH, and BTC Battles $110K: Your Weekly Crypto Recap

We publish these weekly total recaps every Friday, and loads occurred simply hours after our earlier one. On the time, bitcoin’s value had simply retraced to underneath $112,000 after every week of downward stress in anticipation of Jerome Powell’s speech from Jackson Gap.

Because the Fed Chair hinted about potential fee cuts as quickly as September, BTC reacted with an instantaneous surge that drove it north by over 5 grand to over $117,000. Most altcoins adopted swimsuit, together with ETH, which lastly broke its earlier all-time excessive and set a brand new one at round $4,900.

Nonetheless, these reduction rallies had been short-lived. The weekend was calm at first, with BTC retracing to $115,000, however then got here Sunday night, and the panorama modified for the more severe. Earlier than it did, although, ETH jumped to a different ATH of $4,950, after which your complete market crashed inside minutes, leaving over $300 million in longs liquidated in only one hour.

After a short bounce on Monday, the bears resumed management as soon as once more and drove bitcoin to its lowest position in nearly seven weeks, at slightly below $109,000 on Tuesday morning. The fight for supremacy has continued ever since, with the bulls taking BTC to a weekly peak of $113,600 yesterday, solely to lose the battle because the asset dipped under $109,500 earlier at the moment.

It has regained some traction now and stands above $110,000, however the total market construction appears moderately shaky. Its market cap has dropped to $2.2 trillion after a 1.5% weekly decline, whereas its dominance over the alts stands at 56.4%.

Even ETH, which has been a prime performer as of late, has misplaced an enormous chunk of its worth since its peak on Sunday night and presently fights for $4,400. In distinction, CRO grew to become the highest gainer this week, however extra on this in a second.

Market Knowledge

Weekly Market Overview: Source: QuantifyCrypto — Weekly Market Overview: Supply: QuantifyCrypto

Market Cap: $3.9T | 24H Vol: $162B | BTC Dominance: 56.4%

BTC: $110,550 (-1.5%) | ETH: $4,390 (+3.4%) | XRP: $2.87 (+2.2%)

This Week’s Crypto Headlines You Can’t Miss

Huge Adoption Information From Trump’s Reality Social Sends CRO Hovering 20%. As hinted above and seen within the weekly chart, CRO has skyrocketed by 100% to $0.29 as of now. It even tapped a 3.5-year peak of $0.38 yesterday earlier than the present retracement. This large surge got here on the heels of mindblowing adoption information from Trump Media and Expertise Group Corp., extra on which you could find here.

Altcoin Season 2025 Is Right here: BTC Simply Gave the Inexperienced Gentle. The continued debate in regards to the state of the altcoin market in 2025 persists. This time, nonetheless, extra conclusive knowledge from CryptoQuant’s Bitcoin Dominance metric indicates that this transient interval has formally arrived.

Right here’s When Bitcoin’s Subsequent All-Time Excessive Could Come: BTC Value Forecast. Regardless of the present pullback of $15,000, bitcoin’s bull market construction appears intact, in keeping with on-chain knowledge and analysts, who outlined that the asset nonetheless has an enormous probability of hitting a brand new all-time excessive later this yr.

6 Weeks Straight: Ethereum ETFs Depart Bitcoin within the Mud. As talked about above, Ethereum has outperformed lots of its rivals, together with bitcoin, when it comes to value features these days. But it surely’s extra than simply price-wise. The spot ETH ETFs have dwarfed their BTC counterparts for six straight weeks.

May XRP Hit $200? New Regression Mannequin Sparks Hypothesis. Ripple’s cross-border token is usually a goal of speculative value predictions, which vary from more modest $5-$6 to some out-of-this-world numbers like $200. Here’s why one in style analyst believes $200 per XRP isn’t out of the query, totally.

US Authorities to Put Financial Knowledge on The Blockchain. The Donald Trump administration continues with its pro-crypto/blockchain initiatives, and the newest will see putting financial knowledge on a number of networks. One explicit token has benefited essentially the most thus far, with a 90% surge every day.