On the cryptocurrency market, Bitcoin shows minor changes while some altcoins continue to gain popularity and demonstrate significant gains.
Bitcoin's Market Position
Throughout the weekend, Bitcoin’s price remained steady at around $118,000. The last few days saw it reach a new high of $119,000, but current pricing fluctuates around $118,000. Bitcoin's market capitalization stands at approximately $2.35 trillion.
Altcoins on the Rise
While the primary asset has stalled, altcoins such as XLM and HBAR are showing impressive growth. XLM added 17.5% in a day, while HBAR surged by 15%. Notable increases are also seen in BONK with a 12% rise.
Overall Cryptocurrency Market Trends
The total cryptocurrency market capitalization increased by $20 billion overnight, reaching $3.76 trillion. Amid Bitcoin’s stability, altcoins attract investor attention with their profitable performances.
Despite Bitcoin's stability, its position in the market remains unchanged while altcoins continue to deliver impressive results, indicating rising interest in them.
