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Bitcoin Maintains Its Position, ApeCoin Rejoins Top 100 Altcoins

by

6 hours ago

Bitcoin's price actions have calmed during the weekend, maintaining its position above the $68,000 level.

BTC Calms Above $68K

Bitcoin maintained a relatively stable position above $68,000 over the weekend. Last week's trading saw several fluctuations in Bitcoin's price, peaking at $69,000 on Tuesday. Despite this short-term volatility, Bitcoin's value increased by 8.5% over the past week.

APE Back in Top 100

ApeCoin has surged back into the top 100 cryptocurrencies due to an impressive over 60% daily gain following its mainnet launch. Despite minor losses among most altcoins over the past day, ApeCoin managed to reclaim its status among the largest by market cap.

Weekend Crypto Market Overview

Despite the market's general calmness, certain altcoins have shown notable weekly growth. Dogecoin, in particular, soared nearly 30% following Elon Musk's interactions. Noteworthy gainers also include Litecoin and Bitcoin Cash.

Over the weekend, Bitcoin remained above $68,000, while ApeCoin made a substantial return to the top 100. The total cryptocurrency market cap stabilized at $2.450 trillion after a weekly surge.

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