The global crypto market cap added $140 billion, spiking 6.3% to close the week above a two-month peak of $2.35 trillion.
Bitcoin (BTC) championed the recovery, breaking past $68,000 and sparking a strong rally across the altcoin market.
Here are some of the assets that leveraged this rebound campaign and how they performed:
DOGE records seven straight intraday gains
Dogecoin (DOGE) was one of the biggest beneficiaries of the market recovery last week, recording seven consecutive days of gains throughout the week.
The dog-themed meme coin closed the week at a four-month high of $0.144, having gained 27%. This marked Dogecoin’s best weekly performance since late February during the broader meme coin market rally.
However, the latest uptrend has faced a roadblock, following a spike in the Dogecoin CCI to 247. If this week introduces bearish pressure, DOGE would need to hold above $0.137 to avoid the 20-day SMA support at $0.116.
APE spikes 54% on mainnet launch
Despite underperforming throughout last week, ApeCoin (APE) engineered a last-minute rally that saw it close the week at $0.87 amid a 20% gain.
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Author: Wahid Pessarlay
