Crypto market’s weekly winners and losers – ZRO, BSV, BEAT, CC

Crypto markets started August on shaky footing.

Bitcoin struggled to reclaim $65k, keeping the broader altcoin market under pressure, with most high-caps simply following BTC’s consolidation. More importantly, capital rotation across altcoins remained limited.

While the top winners posted double-digit gains, the moves weren’t strong enough to trigger a broader breakout cycle. Meanwhile, bears controlled most of the momentum through the week, with the biggest losers taking the lead.

Weekly winners

LayerZero [ZRO] – Interoperability protocol proved resilient this week

LayerZero [ZRO] emerged as the biggest weekly winner this week, posting a strong 18.7% rally. Still, calling this a full-blown breakout cycle might be a bit too far-fetched, considering ZRO still has key resistance zones to clear before it can officially enter a breakout phase.

That said, this week’s move is definitely pointing in that direction. After last week’s 17% pullback, ZRO has now recovered 100% of those losses, showing that bulls are starting to step in strategically, especially as the altcoin continues to hold a tight range around the $0.8 level.

The technicals are also starting to paint a more bullish picture. As the chart below shows, ZRO’s RSI has jumped more than 5 points this week to 40. This keeps the RSI in oversold territory and leaves plenty of room for further upside.