Illustration by Mitchell Preffer of Decrypt.
With just one week left until Bitcoin's long-awaited halving event, the prices of the top coins are falling, and the decline is even worse.
The price per coin is currently below $67,000, falling to $65,981 late Friday, according to CoinGecko.
Just like last weekend, it ended well below its March high of nearly $74,000, down nearly 2% in seven days.
This week, the virtual coin was close to $72,000, but by yesterday it had lost 5% of its gains on the day.
Ethereum has also struggled this week. The second largest coin has fallen more than 3% and is currently priced at $3,226.
Most of the top coins and tokens have struggled over the past week. Solana It was one of the biggest losers, currently down to $142.62, a 13% drop in seven days.
The coin's network has been suffering from congestion issues for some time, which may be contributing to downward pressure on the asset's price.
The UNI token from decentralized exchange Uniswap is also one of the least successful tokens. has fallen sharply following news that it is in the crosshairs of the Securities and Exchange Commission, and is now trading at $7.40, down 33% for the week.
Uniswap Labs, which operates the platform, announced on Wednesday that it had received a Wells notice from regulators warning of impending enforcement action.
Smaller tokens like Wormhole continue to hurt, with the token down 46% a week after the airdrop. Current price is $0.59.
Digital assets that are performing well include Toncoin, which nearly reversed Dogecoin this week. Its price is currently $6.44, an increase of nearly 20% in seven days. News about Telegram's possible IPO contributed to the coin's soaring price.
Edited by Ryan Ozawa.
