Bitcoin made a significant leap of over $3,000 on Friday, but it couldn’t surpass the $85,000 mark and has since dropped by about $1,000. Several altcoins have seen notable gains, with ATOM achieving the only double-digit increase.
**BTC at $84K**
Bitcoin began the week on a turbulent note, dropping from $86,000 to $80,000 by Monday. Following a short recovery to $84,000, bears took the lead, pushing its price below $77,000 for the first time in nearly four months. After this sharp drop, BTC managed to climb back above $80,000 and even hit $84,000 mid-week, only to fall back to $80,000. On Friday, BTC experienced another spike from $82,000 to over $85,000 but faced resistance and now trades steadily around $84,000. Analysts consider this level crucial as it may determine whether Bitcoin can aim for $90,000 soon. Its market cap is below $1.670 trillion, with a dominance of about 59% over other cryptocurrencies.
**SOL, SUI on the Rise**
SOL and SUI have emerged as top gainers among large-cap altcoins, each rising over 6%, with SOL trading above $230 and SUI over $2.35. ETH remains above $1,900 despite concerns about a potential drop below $1,300. Meanwhile, XRP has risen to $2.4 with a 4% daily increase, BNB approaches $600, and DOGE, ADA, and LTC have each gained around 3%. The total crypto market cap has increased by about $60 billion since yesterday’s low, reaching $2.840 trillion.
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