Bitcoin Holds Ground, Meme Coins Diverge, CLARITY Act Looms Large and More: This Week in Crypto

Coinbase
Hyperliquid Strategies, Inc

Coinbase

COIN

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Hyperliquid Strategies, Inc

PURR

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It’s been another eventful week in crypto, with Bitcoin steadying through a tech-stock selloff, meme coins splitting into winners and losers, and Washington’s CLARITY Act back in focus. Here’s a quick recap of the major crypto stories that came in over the week.

Bitcoin, Ethereum, XRP, Dogecoin Hold Ground as CLARITY Act Seen Unlocking the ‘Next Wave of Adoption’

Bitcoin (CRYPTO: BTC) held above $66,000 as Senate Republicans unveiled an updated CLARITY Act draft that would bar senior U.S. officials, including President Donald Trump, from sponsoring crypto for compensation until 2029. Spot Bitcoin and Ethereum (CRYPTO: ETH) ETFs both saw net inflows, while analyst Ali Martinez flagged $70,920 as a key resistance level for Bitcoin.

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Dogecoin Has a Chance, but Shiba Inu, Bonk Labeled ‘Worthless’

Analyst Kevin warned that many leading meme coins are “hitting the wall” after drawdowns of more than 95% from their all-time highs, singling out Shiba Inu (CRYPTO: SHIB), BONK, and Floki as unlikely to revisit prior peaks. He was more optimistic on Dogecoin (CRYPTO: DOGE), citing its “more constructive chart” and staying power through multiple cycles, though he cautioned it remains highly speculative and has underperformed Bitcoin for six straight years. Pepe (CRYPTO: PEPE) was seen as a coin likely to survive the downturn despite an uncertain outlook.

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Forget Bitcoin, XRP: These 3 Altcoins Are Set Up for Big Moves Right Now

Technical setups are flashing on three altcoins: Hyperliquid (NASDAQ:PURR) bounced off a key $56–$58 demand zone with a resistance cluster near $62.31–$62.56; Uniswap (CRYPTO: UNI) completed a cup-and-handle breakout above $3.8 with a $4.80–$5 target; and Monero (CRYPTO: XMR) is coiling near $358 in a tight Bollinger Band squeeze, with a daily close above $360 targeting $400–$420. Analysts framed all three as technically cleaner setups than Bitcoin or XRP (CRYPTO: XRP) at current levels.

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Bitcoin, Ethereum, XRP, Dogecoin End Week Quietly as Analyst Predicts ‘One Last Leg Lower’

Bitcoin held steady even as a tech-stock selloff triggered by weak earnings shook broader markets, with 83,203 traders liquidated for $301 million in 24 hours. Trader Crypto Kaleo said he expects one final leg lower before a bear-market bottom, doubting Bitcoin reclaims $100,000 or sets new highs before 2027, while trader KillaXBT argued the current cycle has accelerated versus historical patterns. Spot Bitcoin ETFs saw net outflows even as Ethereum ETFs took in fresh inflows.

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Shiba Inu Fights Back to Top 31: Is It Safe to Buy SHIB Now?

Shiba Inu climbed back to the 31st-largest crypto after briefly falling to 33rd, helped by easing sell pressure even as Coinbase (NASDAQ:COIN) shifted 1.16 trillion SHIB across internal wallets in what analysts called routine custody management rather than a selling signal. Daily volume has cooled from around $100 million to $50–$70 million while whale wallet counts continue rising, a pattern analysts say often precedes accumulation.

Read the full article here.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

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