Bitcoin shows resilience, staying above $91,000 despite bearish attempts. While many altcoins are correcting today, HBAR and DOGE show better performance.
Bitcoin Price Above $91K
Bitcoin reached a recent high of around $94,000 amid a rally triggered by Trump's victory. However, the currency soon corrected, stabilizing between $91,000 and $92,000. Attempts to rise further have been thwarted despite significant Bitcoin purchases by MicroStrategy. Bitcoin's market cap remains above $1.8 trillion, and its dominance in the cryptocurrency market exceeds 56.5%.
DOGE Recovery and Altcoin Fluctuations
Most major altcoins are experiencing corrections today. Notable declines are observed in tokens like XRP, ADA, AVAX, and WIF, falling by up to 6.5%. Meanwhile, PEPE has dropped by 7.5%, descending to $0.00002. Conversely, DOGE has slightly recovered, nearing $0.39 due to a 3% daily gain.
HBAR and Other Market Changes
HBAR is one of the most notable gainers of the past day, surging by 27% to $0.14. Also noteworthy is the sharp jump in XTZ, which returned to the top 100 altcoins after a 36% surge, reaching $1.1. The total cryptocurrency market capitalization slightly decreased but remains above $3.2 trillion.
Bitcoin continues to trade in a narrow range, facing active resistance. While many altcoins are correcting, individual tokens like HBAR and DOGE are showing upward momentum.
