In an eventful week for the crypto market, the risk sentiment deteriorated markedly as Bitcoin lingered around the pivotal $60,000 mark. Selling pressure intensified, affecting a wide range of altcoins and meme coins, which are known for their capricious nature. This downturn put Dogecoin and Shiba Inu under significant strain, with both currencies experiencing approximately 9% losses, hitting speculative market segments the hardest.