Crypto Market Recap: Polkadot, NEAR Protocol, and Bitcoin Cash Lead the Pack

The past week has been marked by intense volatility in the crypto market, with Bitcoin's price experiencing significant fluctuations. According to data from TradingView, Bitcoin saw an 11.96% rally, followed by a 9.94% drop, and another 8.19% rally.

Despite this whipsaw price action, the altcoin market excluding Ethereum was down only 0.57% since last Sunday. Some altcoins showed resilience during this time, including Polkadot, which has rallied 18.4% since last Sunday's open at $1.36. The Polkadot halving date is just 12 days away, and some coins have tended to rally a month or two before the halving before consolidating or facing a sell-off during the halving.

Other notable winners include NEAR Protocol and Internet Computer, which posted weekly gains of 15.94% and 11.35%, respectively. This follows NVIDIA's record revenue reports, which have boosted the crypto AI sentiment. However, it's worth noting that NVDA stock fell 9% in two days after Wednesday's close at $195.56.

On the other hand, Bitcoin Cash has fallen 21.1% in the past week and is currently trading below its long-term range's mid-range support at $480. The technical indicators are bearish, showing downward momentum and selling pressure. However, this could be a buying opportunity, as the $440-$460 zone has been a long-term demand zone stretching back to June 2025.