During the past week, the cryptocurrency market witnessed significant developments that affected the values of digital assets and investor trends. Initially, many cryptocurrencies, including Bitcoin and Ethereum, experienced notable price declines. The price of Bitcoin dropped by 11.22%, while Ethereum fell by 14% during the same period.

In contrast, some other cryptocurrencies showed remarkable performance. For instance, the Shiba Inu coin saw an increase in price by 5%, driven by the growing popularity of its layer two solution.

From a technical perspective, networks like BNB, Polygon, and Solana reported an increase in developer activity by 17%, 19%, and 17% respectively, reflecting these networks' commitment to developing their infrastructure.

Additionally, the new proposals from former U.S. President Donald Trump to establish a digital reserve in the United States raised concerns about the potential for a bubble in the cryptocurrency market and its impact on the U.S. dollar.

Overall, last week reflected a state of volatility and rapid developments in the cryptocurrency market, prompting investors to continuously monitor news and significant technical and economic developments.