This week, the crypto market experienced a $19 billion wipeout, significantly impacting various assets.
Zcash [ZEC] led the week in gains with a 66%+ jump, showcasing internal strength.
Bitcoin [BTC] ripped past $126k before getting hit by a $19 billion market wipeout after Trump’s 100% China tariff sent traders scrambling.
Institutional buying continued, with crypto ETFs pulling in a record $5.9 billion, demonstrating confidence in the market.
Author's summary: Crypto market sees $19 billion wipeout amidst significant asset fluctuations.