The cryptocurrency market has experienced significant fluctuations, with Bitcoin stabilizing at $84,000 and altcoins like SOL and SUI showing growth.
Bitcoin at $84K
Bitcoin started the week losing the $86,000 level and dropped to $80,000. After a brief recovery to $84,000, bears regained control, pushing it below $77,000 for the first time in four months. However, BTC soon recovered above $80,000, peaking near $85,000 before stabilizing at $84,000. Its market cap remains under $1.670 trillion, with dominance at about 59%.
Rise of SOL and SUI
Among altcoins, SOL and SUI have excelled, growing by over 6%. ETH remains above $1,900 despite warnings of a drop. XRP climbed to $2.4, BNB approached $600, while DOGE, ADA, and LTC rose by 3% each.
Cryptocurrency Market Overview
The total crypto market cap increased by $60 billion, reaching $2.840 trillion. This growth highlights the current market trend, where BTC stabilizes at $84,000 and some altcoins continue to show positive dynamics.
The current situation on the crypto market shows Bitcoin's clear stabilization at $84,000 and growing interest in altcoins like SOL and SUI. These changes could set a new trend for all participants.
