Weekly Cryptocurrency Recap

2025 is quickly approaching its conclusion and, despite being quite the spectacle for much of the year, it appears to be a disappointing one for Bitcoin (BTC). The last week has been particularly unkind to the cryptocurrency.

Recall that Bitcoin faced rejection at $94,500 multiple times last week after the U.S. Federal Reserve’s decision to cut interest rates. With significant economic reports anticipated, volatility was expected to rise.

The week started poorly as Bitcoin plummeted by several thousand dollars on Monday afternoon, falling from $90,000 to beneath $86,000 within hours. Despite a brief rally to nearly $90,500 on Wednesday, momentum quickly faded, resulting in another drop below $85,500.

Thursday saw the release of CPI data in the U.S. While both core and regular Consumer Price Index numbers showed healthier inflation levels than anticipated, Bitcoin’s price rise was fleeting, soaring momentarily from $87,000 to $89,500 before retreating to a low of $84,500.

Currently, Bitcoin has found some support around $88,000, reflecting a near 5% weekly decline, though this is lesser compared to other notable losses: ETH (-9%), SOL (-10%), ADA (-14%), LINK (-12%), and HYPE (-18%). Conversely, XMR marked a weekly gain of 5%.

Market Data

Cryptocurrency Market Overview Weekly

Market Cap: $3.053T | 24H Vol: $166B | BTC Dominance: 57.5%

BTC: $88,000 (-4.9%) | ETH: $2,960 (-9%) | XRP: $1.87 (-8.6%)

This Week’s Crypto Headlines You Can’t Miss

• Terraform Labs Sues Jump Trading for $4B Over Alleged $1B Profit from Terra Collapse.
• Base Launches Tokenized ‘Everything App’ for Social, Trading, and Payments.
• Ethereum Network Slumps to 12-Month Low: What the Retail Exodus Means.
• Bitcoin (BTC) Has Entered a Bearish Phase, Structural Indicators Confirm.
• China’s Mining Crackdown Drives Bitcoin Hashrate to Three-Month Low.
• Is Bitcoin Entering a Supercycle? Here’s Why This One Looks Different.