Bitcoin fluctuations last week ended with stabilization around $98,000. While Bitcoin's dominance decreased, many altcoins showed significant growth.
Bitcoin's Current State
Last week, Bitcoin experienced volatility, dropping below $94,000 and reaching $91,300. However, by the weekend, the price stabilized at $98,000. Bitcoin's market capitalization is nearly $1.950 trillion, while its market dominance decreased by 1% to 53.1%.
Altcoins' Recovery
Altcoins are showing growth on a weekly scale. Ethereum gained over 6% in value, reaching $3,600. Ripple's token is around $2.4 after a 9% weekly increase. Cardano and Dogecoin are up by double digits, with ADA surging by 22%.
Overall Crypto Market
The total cryptocurrency market cap rose to $3.660 trillion after dipping below $3.4 trillion earlier this week.
Bitcoin remains stable at $98,000, while many altcoins, including Cardano and Dogecoin, demonstrate impressive growth rates.
