Altcoin Market Faces Mixed Trends Amidst Gains and Pullbacks
The crypto market experienced significant volatility this week, with Conflux, Pudgy Penguins, and Ethena leading gains, while Pump.fun, Tezos, and Sonic faced declines. Notable events included a whale moving 80,000 BTC and BlackRock's ETH ETF reaching $10 billion in AUM. The market showed resilience despite sharp price swings, with low- and mid-cap tokens dominating both gains and losses, reflecting sector rotation and risk appetite shifts.