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The cryptocurrency market entered a consolidation phase this week with a modest -1.12% pullback in total market cap to $2.24 trillion, as Bitcoin and Ethereum showed resilience but failed to ignite fresh momentum. While privacy coins and select DeFi tokens surged, the broader market weakness—particularly in previously hot assets like Solana, Cardano, and Jupiter—signals growing selectivity among investors and suggests caution is warranted before assuming the recovery is firmly established.

The crypto market pushed modestly higher this week with Bitcoin holding steady above $63,000 while Ethereum surged 12.2% on strong layer-2 adoption signals. Altcoins are showing explosive outperformance, with several assets posting triple-digit weekly gains and ADA leading the charge with a 28% rally, suggesting capital rotation from Bitcoin's dominance is accelerating into the summer trading season.

The cryptocurrency market entered a consolidation phase this week with total market cap edging up just 0.41% to 2.16 trillion dollars, while Bitcoin and Ethereum faced headwinds with weekly declines of 6.3% and 8.8% respectively. The data reveals a sharp divergence between established assets and alternative tokens, with mega-cap gainers like VELVET surging 238% while major names like M collapsed 78.1%, signaling heightened volatility and risk-on sentiment in smaller-cap segments.