Top 7 weekly crypto losers: RAIN, ZEC, BTW lead declines as market sell-off intensifies

• Rain plunged 36% over the past seven days, leading the biggest losers among major cryptocurrencies.
• Zcash dropped 30% to $944, while Bitway declined 32% to $0.84.
• Ethena, Uniswap, Pump.fun and Aave also recorded double-digit weekly losses.

The crypto market extended its losses over the past week as mounting macroeconomic uncertainty, geopolitical tensions and weakness across technology stocks weighed on investor sentiment. Bitcoin (BTC) fell below $70,000 for the first time since August, while Ethereum (ETH) slipped below $2,000, dragging several altcoins lower.

The sell-off comes as Nvidia co-founder Jensen Huang resigned as CEO and board member, triggering renewed concerns across artificial intelligence (AI) equities.

At the same time, tensions surrounding the US-Iran war, persistent inflation concerns and expectations of another Federal Reserve (Fed) rate hike added to market uncertainty. Crypto liquidations reached $1.3 billion over the past 24 hours, with liquidated long positions accounting for approximately $1.09 billion.

Top crypto losers this week

Several tokens felt the full brunt of the sell-offs, including Rain (RAIN), Zcash (ZEC) and Bitway (BTW), extending their weekly declines to double digits.

Rain (RAIN)

WoW: -36% | Price: $0.037

Rain led the pack, plunging 36% over the past week. The decline coincided with a scheduled token unlock on Tuesday, which released approximately $165.66 million worth of RAIN into circulation.

The additional supply potentially increased selling pressure as broader market conditions deteriorated.

RAIN is down 1.2% in the past 24 hours at the time of writing.

Bitway (BTW)

WoW: -32% | Price: $0.844

Bitway fell 32% over the past week, reversing some of its earlier gains as selling pressure intensified across the altcoin market.

The token's decline followed a sharp reversal in its recent price performance, with thin trading liquidity potentially amplifying volatility.

BTW is trading at $0.81, down 16% in the past 24 hours and 70% from its all-time high price set on October 14.

Zcash (ZEC)

WoW: -30% | Price: $944

Zcash declined 30% over the past week, trading around $944 as the privacy-focused sector was not spared from the recent market sell-off. ZEC fell from the $1,000 range on Wednesday as market pressures triggered losses across the top cryptocurrencies.

The decline came as Zcash holders prepared to vote on a proposal to remove 50,000 ZEC, worth approximately $50 million at the time of reporting, from the community grants treasury. The proposal, scheduled for voting between November 16 and November 30, has introduced another governance development for investors to assess.

Ethena (ENA)

WoW: -19% | Price: $0.136

Ethena declined 19% in the past seven days, with broader market weakness compounded by concerns surrounding a large holder's movements.

Blockchain analytics platform Lookonchain reported Wednesday that a wallet transferred its remaining 102 million ENA, worth roughly $15.6 million, to Coinbase over two days. The seller offloaded the tokens at an average price of $0.24.

Uniswap (UNI)

WoW: -17% | Price: $5.75

Uniswap fell 17% over the week, trading around $5.70 as weakness across decentralized finance (DeFi) tokens contributed to the broader altcoin downturn.

The decline followed a stronger run the previous month, leaving UNI vulnerable to profit-taking as market sentiment deteriorated.

UNI is down 4.5% in the past 24 hours at the time of writing.

Aave (AAVE)

WoW: -16% | Price: $111

Aave joined the week's worst-performing tokens, down 16% to trade near $111. The DeFi token came under pressure alongside other large-cap altcoins as sell-offs intensified across digital assets.

AAVE is down 2.2% in the past 24 hours at the time of writing.

Pump.fun (PUMP)

WoW: -14%

Pump.fun declined 15% over seven days as speculative assets faced pressure from the broader cryptocurrency sell-off.

The drop aligns with reduced memecoin activity across the market, which has historically been a major revenue source for the platform.

Despite the weekly performance, PUMP is up 3% in the past 24 hours at the time of writing.