Bitcoin (BTC) and Solana (SOL) faced significant impacts from the recent crypto market downturn, with Pepe (PEPE) experiencing an even steeper price drop. The global crypto market cap lost over $280 billion in the last week, marking a massive 10% drop to $2.32 trillion.

BTC: A Rollercoaster Ride

Bitcoin started the week on a positive note, surpassing the $70,000 threshold for the first time in over a week. However, a downward spiral ensued due to bearish pressure and tensions surrounding global conflicts. BTC hit a one-month low of $61,596 on April 13 and struggled to regain momentum, currently down 8% over the past two days.

SOL: A Steep Decline

Solana’s performance was not as significant as Bitcoin’s, but its price decline was much steeper. SOL saw a 21.19% drop from April 11 to 13, breaking below the crucial 50-day EMA. It currently trades at $139.94, down 24% this week.

PEPE: Volatility Galore

Pepe faced a one-month low below the $0.000004 support, with a 29% drop this week. The meme coin’s CCI plummeted to -245, suggesting undervaluation and potential for growth.

Despite the turbulent week, the cryptocurrency market remains dynamic and offers opportunities for investors. Stay informed and stay ahead in the world of cryptocurrencies!

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