In recent days, Bitcoin demonstrates stability at $108,000, while some altcoins like TON and BONK are noticing growth.
Bitcoin Stability at $108K
Bitcoin is in a quiet period and is currently stabilized at $108,000. The last significant price movements occurred two weeks ago when the price dipped to $98,000 but later recovered, reaching above $105,000. Since then, the asset has traded in a range from $105,000 to $110,000, facing pressure from buyers and sellers. On Thursday, Bitcoin rose to $110,500, but failed to hold that height.
Altcoin Growth: TON and BONK
Amidst the calm market situation, altcoins TON and BONK have emerged as leaders in growth. TON has risen by over 9% to a level of $3. Meanwhile, BONK surged by 20%, trading at $0.000022. Other major altcoins like ETH and BNB show only minor increases.
Overall Situation in the Crypto Market
The cumulative market cap of all crypto assets remains stable at around $3.4 trillion. Bitcoin's dominance in the market stands at over 63%. Despite slight price fluctuations, the overall market shows signs of stability.
The current situation in the crypto market is characterized by Bitcoin's stability at $108,000 and a noticeable rise in several altcoins like TON and BONK, indicating a changing dynamic of investor interest.
