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NEAR Protocol and Bitcoin Cash Lead Weekly Crypto Losses Above 16%

The matched end-of-day snapshot showed Hyperliquid (HYPE) down 15.46% and Stellar (XLM) down 13.15% over the same period.

Mentioned assets
Eight blank metal tokens rest on descending charcoal steps. / TokenPost.ai
Eight blank metal tokens rest on descending charcoal steps. / TokenPost.ai

Several major crypto assets lost ground over the seven days ending at 6:59 p.m. ET (23:59 UTC) Nov. 8, led by NEAR Protocol (NEAR) and Bitcoin Cash (BCH), down 16.67% and 16.03%, respectively.

Hyperliquid (HYPE) fell 15.46%, while Stellar (XLM) declined 13.15%. Those were the next-largest losses among the eight assets in the comparison.

Ether (ETH) fell 6.69%, BNB declined 4.02%, Zcash (ZEC) lost 2.18% and Monero (XMR) slipped 0.14%. All eight assets were lower for the period, with Monero closest to flat.

The weekly changes use the same end-of-day Nov. 8 UTC observation, equivalent to 6:59 p.m. ET. The losses followed a third-quarter rebound, when altcoins posted a 49.6% median return and Bitcoin gained 42.7%.

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

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