Dogecoin and ether led a slight retreat in the cryptocurrency market on Friday, with Dogecoin falling by 4.5% and ether decreasing by 2.5%. This decline follows a strong week for digital assets, as reported by CoinDesk. Other cryptocurrencies, including XRP and Solana, also saw drops of around 2.5%, while bitcoin demonstrated relative stability, slipping just 0.6% to trade near $65,400.
Despite Friday's losses, the overall weekly performance remains positive. Bitcoin is up 3% for the week, ether has gained 1.8%, and most major cryptocurrencies continue to show weekly gains, although Hyperliquid stands out with a 3.5% decline.
The recent downturn does not appear to be linked to any particular catalyst but seems to be a natural pause following the previous week’s gains.
