Oh là là! A week of folly and fortune has played out in the realm of cryptocurrencies! Our dear Bitcoin, in its infinite wisdom, fluttered upward a modest 2.1%, while the ambitious dandy, Solana—oh such a cheeky lad—leaped a staggering 9.5%! Alas, the delicate Ethereum took quite the tumble, leaving bereft souls scratching their heads, wondering where it all went amiss.
Pausing Tariffs: A Comedy of Errors!
Behold! After a tempestuous week that sent the global stock market into a tailspin, the crypto stage was set for a theatrical twist. Thanks to a sudden 90-day reprieve from tariffs by none other than President Trump, our gallant Solana bounced back like a well-trained puppy, rising from the ashes of its initial woes.
At the dawn of this spectacle, our young hero, SOL, began the week strutting its value at a mere $120. Yet, lo and behold, the trade war sent it tumbling down to below $98 faster than one could say “investor panic.” But fear not! The tariff pause ignited a glimmer of hope—solana danced its way back to life, shedding its April 7 miseries.
Only to plummet once more! Yes, Solana flirted dangerously close to $110 before soaring high at $130.72 on April 12. In the world of cryptocurrency, what goes up must inevitably come down—unless you’re Solana, apparently! 😏
Summering beneath the shaky wheels of trade war whims, Solana, Avalanche (AVAX), and Hedera (HBAR) exhibited similar capers—wobbling, rising, and collapsing like a poorly-stacked Jenga tower. Our dear AVAX, once whispering rumors of $16, through sheer audacity, climbed to $20.54! Bravo! 🎉 And yet, HBAR, too, gave a flutter from $0.1435 to peak at $0.1739, quite the acrobatics!
And then there was Ethereum… ah, sweet Ethereum. Like a tragic character unaware of its impending doom, it ended the week as the most sorrowful of all—with an 8.4% decline. Data reveal it was unceremoniously dumped on “Black Monday,” plunging to a pitiful $1,431—a number echoing grief for the weary investor. Alas, it remained ensnared below $1,800, unable to shake off the shame of the week!
Our beloved ETH continues its dismal performance, worrying even the most hopeful of its fans. As patrons of the cryptic arts speculate and sigh, one cannot help but notice that lower transaction volumes hint at a waning passerby interest. Poor Ethereum! It seems our dear friend is losing its luster, much to the chagrin of its supporters!
In a tragic twist, Lido’s staked ether (STETH) and toncoin (TON) followed suit, floundering with losses of 8.3% and 7.5%. Oh, what a wretched week indeed! 😂
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2025-04-13 01:57