Over the past week, Bitcoin’s price has remained stable, mirroring its position from the previous Sunday despite experiencing some volatility. Meanwhile, several altcoins have made significant movements. Ethereum has once again surpassed the $2,000 mark, and Dogecoin is nearing a drop below $0.17.
**BTC Stalls at $84K**
Bitcoin started at $84,000 last Sunday but dipped to just over $81,000 by Tuesday as traders anticipated the results of the FOMC meeting. Once it was clear that the Fed would not adjust interest rates, BTC experienced some volatility but peaked at over $87,000 during Thursday’s Asian trading session. However, this rise was short-lived, and BTC’s price dropped to $83,000 later in the week. It has since rebounded slightly to just over $84,000. The weekend has been relatively quiet with minimal price changes. Bitcoin’s market cap remains steady at $1.670 trillion, though its dominance over altcoins has decreased to 58.3%.
**ETH Above $2K**
In contrast to the lackluster daily movements, the weekly performance shows Ethereum climbing over 4%, pushing past the $2,000 threshold. Tron and Toncoin have emerged as top performers among larger-cap altcoins, with gains of 9% and 6.5%, respectively. Other mid-cap altcoins like UNI, APT, KBT, AAVE, GT, and HYPE have also shown notable increases. On the downside, Pi Network’s PI token has dropped by over 32% to $1 since last Sunday. Larger-cap altcoins like Solana, Cardano, and Dogecoin have seen losses of up to 4%. The total cryptocurrency market cap remains unchanged from the previous day at $2.870 trillion.
Stay updated on the latest crypto trends! Follow us on Twitter for more insights.
