Over the past week, the cryptocurrency market has witnessed notable developments that have affected the values of digital assets and investor trends. Initially, many cryptocurrencies, including Bitcoin and Ethereum, experienced significant 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 outstanding performance. For example, Shiba Inu saw a price increase of 5%, driven by the growing popularity of its Layer 2 solution.

On the technical side, networks like BNB, Polygon, and Solana demonstrated an increase in developer activity of 17%, 19%, and 17% respectively, reflecting these networks' commitment to developing their infrastructure.

Additionally, 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 reflects a state of volatility and rapid developments in the cryptocurrency market, necessitating continuous monitoring by investors of impactful news and technological and economic developments.