XRP, DOGE Lead Market Gains as Bitcoin Dips Under $58K

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Shaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.

Bitcoin has added more than 6% this week, putting it on track for the first weekly gain in three weeks.

Despite the lack of movement over the past 24 hours, bitcoin has risen more than 6% this week, putting it on track for its biggest one-week gain since the week ended Aug. 25, when it rose 10%. Bitcoin transfers of over $100,000 have fallen 33.6% since a peak in March and April, Santiment said. Ether has fared worse, with a 72.5% drop, a peak in April.

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