Crypto Market Weekly Roundup: ZRO and BSV Lead as Bitcoin Consolidates
Bitcoin's struggle to reclaim $65,000 limited broader altcoin momentum this week, though select assets posted double-digit gains.
Bitcoin failed to reclaim $65,000 throughout the week, keeping the broader altcoin market under pressure as most major cryptocurrencies followed BTC's consolidation. Capital rotation across altcoins remained limited, and bears controlled momentum through most of the week.
LayerZero (ZRO) emerged as the biggest weekly winner with an 18.7% rally, recovering fully from the prior week's 17% pullback. However, the move may not yet constitute a full breakout cycle, as ZRO still has key resistance zones to clear. The token has held a tight range around the $0.8 level, and its weekly RSI jumped more than 5 points to 40, remaining in oversold territory. ZRO's RSI has failed to break above the 40 level multiple times in previous cycles, with the last sustained move above this threshold occurring around mid-Q2. Reclaiming $1 could remain a tough climb unless underlying buying pressure increases.
Bitcoin SV (BSV) came in second among weekly winners with a 13%+ rally, but similarly faces obstacles to confirming a sustained breakout. BSV has been consolidating around the $14 level for over four weeks, and the recent rally alone is insufficient to confirm a reversal. The token has been making lower lows since its early-May 2025 breakout, with bulls struggling to hold key support levels. For BSV to turn properly bullish, breaking toward $20 is critical; otherwise, another deeper correction could follow.
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