Recently, Bitcoin's price stabilized around $95,000, with most altcoins showing minor changes, except for a few projects.
Bitcoin Returns to $95K
Bitcoin broke above $90,000 last Tuesday and reached a two-month high of $96,000 on Friday. Over the past weeks, it recovered over $20,000 from lows below $75,000 recorded on April 7 and 9. However, Bitcoin's price has remained stuck between $93,000 and $95,000, without showing significant movement.
Altcoins Await Movement
Most larger-cap altcoins continue to move sideways. Among those that managed to gain are HYPE, which rose by 8.5% to reach $20, and PI, increasing by 5% to $0.6. Minor changes are seen in ETH, SOL, DOGE, and others, while XRP, ADA, and several other tokens recorded insignificant losses.
Overall Cryptocurrency Market Overview
The total cryptocurrency market capitalization has increased by over $25 billion, reaching $3.075 trillion. This stability in the market may foreshadow possible future price movements.
The current situation in the Bitcoin and altcoin markets sets a backdrop for potential changes, although significant volatility is not yet observed.
