Weekly Crypto Market Winners and Losers – BGB, XRP, AI16Z, Virtual
- Bitget Token, XDC Network, and XRP were the top gainers this week
- AI16Z, ThorChain, and Virtual Protocol experienced the largest losses this past week
The cryptocurrency market witnessed another active week of trading, as various tokens displayed remarkable price spikes while others encountered substantial selling pressure. With institutional interest continuing to propel market momentum, let’s delve into the most significant price movements that influenced this week’s trading environment.
Top Gainers
Bitget Token (BGB)
BGB emerged as this week’s exceptional performer, exceeding expectations with an impressive rise from $6.011 to $7.137. The token’s performance has been particularly remarkable since the breakout in November, consistently setting higher lows while surpassing previous resistance levels.
Source: TradingView
This December marked a substantial uptick in trading activity; volumes surged alongside prices—a clear indicator of increasing market confidence. BGB traded significantly above its moving average at $7.225 and maintained robust bullish momentum with weekly gains of 20%. The chart illustrated a classic golden cross pattern, often seen as a reliable sign of ongoing bullishness.
Although the sharp price increase may raise questions for some traders, consistent volume growth demonstrates authentic market engagement rather than purely speculative behavior.
Nonetheless, it’s crucial for traders to remain vigilant regarding potential phases of consolidation that frequently follow dramatic surges like this one. BGB’s impressive performance is even more notable when considering broader market conditions; it stands out as one of the most resilient assets amid current trading dynamics.
XDC Network
XDC continues its impressive rally securing its position as second-best performer with a solid 12% gain this week. The token surpassed the pivotal $0.10 milestone rising from $0.0968 to $0.101 showcasing notable strength within an otherwise volatile environment.
Trading volume remains steady at 820.55k XDC reflecting sustained interest in the asset rather than short-term speculation . As reported data indicated volumes hovering around 53 . 7 million , marking received over5% increases during last24 hours . The uptrend appeared confirmed on chart accompanying bullish momentum .
XDC holds comfortably above both50 -day200 -day moving averages , however recent daily change returning negative results currently indicates minor profit-taking trend.
XRP
XRP secured its place among top performers registering dramatic increase toward end-week despite soft start around$2 . 30 . It turned dramatically on January11 when price jumped by10 % hitting$2 .5 but fell back to about$2 .495 (-3 %.13).
Trading volumes remained significant totaling52 “94million” resulting sizable trade-participation amidst rallied timeline whilst managing stable standings above essentialmovingaverage metrics observed(50day”1–2409″ Optimal”200-daily Tracking”1 ,00037 ) remedied long-term bullishstate featuring exceedance throughoutrecentfluctuating trends.
***
and laying groundwork amid prevailing upside.”
—
Largest Declines:
A I16 Z(AI16 z) H3 >