Over the past week, Bitcoin's price remained stable at $84,000, while altcoins showed significant movements.
Bitcoin at $84K
Bitcoin’s price remained largely unchanged over the week, standing at $84,000. It briefly dipped to $81,000 but bounced back. Thursday saw heightened activity, with a peak above $87,000, before retreating again by Friday. The market remained calm over the weekend, with Bitcoin’s market cap stable at $1.670 trillion.
Ethereum Above $2K
Ethereum rose by 4%, surpassing the $2,000 mark. Among other altcoins, Tron and Toncoin emerged as top performers, increasing by 9% and 6.5% respectively. Meanwhile, Pi Network's PI plummeted over 32%, falling to $1. Despite some losses in Solana, Cardano, and Dogecoin, the total crypto market cap remained at $2.870 trillion.
Crypto Market: Weekly Summary
The overall crypto market cap stabilized at $2.870 trillion. Bitcoin maintained dominance at 58.3%, but altcoins showed more dynamic price changes. Solana, Cardano, and Dogecoin suffered losses up to 4%, while Tron and Toncoin posted significant gains.
Bitcoin's price remains stable while altcoins exhibit more activity. Keep an eye on market capitalization increases and altcoin movements going forward.
