The cryptocurrency market experienced another volatile week as Bitcoin faced its second rejection at the $74,000 supply zone in March, with the latest occurring on March 13. Despite this resistance, the broader crypto market still managed to close the week in positive territory.
A key development came on Saturday when Bitcoin successfully held the $70,500 support level, a signal that could potentially open the door for another upward attempt in the coming week. If bullish momentum continues, it may help sustain the recent rally across the altcoin market.
Strongest Gainers of the Week
AI Tokens Lead the Market – TAO Surges Over 50%
According to on-chain analytics from Glassnode, the AI-focused crypto sector recorded a 20.6% weekly increase, making it the best-performing segment in the market. The Layer-2 sector followed closely behind with approximately 10% growth in total market capitalization during the same period.
Within the AI ecosystem, Bittensor (TAO) led the rally, posting a 48.1% gain in just one week.
Technical indicators reinforce the bullish momentum:
RSI on the daily timeframe reached 76, signaling strong upward momentum.
On-Balance Volume (OBV) continues to form new highs, suggesting sustained buying pressure.
However, investors considering TAO should remain cautious. Despite the strong weekly performance, the token still trades within a broader medium-term downtrend. The $268 price level coincides with the 78.6% Fibonacci retracement, making it a significant resistance zone. If buying pressure weakens, a short-term pullback could occur within the next few days.
FET and RENDER Add Strength to the AI Narrative
Other AI-related projects also delivered impressive gains during the week:
Render (RENDER): +32.2%
DeXe (DEXE): +46.6%
Artificial Superintelligence Alliance (FET): +31.4%
Both FET and RENDER have now entered local supply zones, where profit-taking pressure may slow further price appreciation.
In contrast, DEXE continues to display exceptional strength, repeatedly establishing new local highs, suggesting the potential for an extended rally toward the $7.40 level.
HYPE Rises 25% as 24/7 Oil Markets Gain Attention
Another notable performer was Hyperliquid (HYPE), which climbed 25% over the past week. the decentralized trading platform is now generating around $1.2 billion in daily trading volume.
When geopolitical tensions occur while traditional markets are closed, on-chain markets often react earlier than traditional futures exchanges. This dynamic has helped increase demand for decentralized derivatives trading, benefiting Hyperliquid’s ecosystem.
The combination of strong trading activity and a bullish market structure has significantly supported HYPE’s performance.
Other Notable Gainers
Official Trump (TRUMP) broke out of its long-term downtrend, gaining 33% during the week and reaching a high of $4.49 on March 13.
Bitcoin itself remained a key highlight as buyers successfully defended the psychological $70,000 support, despite macroeconomic uncertainties and profit-taking pressure.
Bitcoin Dominance also ticked slightly higher, indicating that BTC is gaining relative strength compared to the broader altcoin market.
