The current week started with Bitcoin's price dropping below $95,000, while some altcoins like XRP and HBAR are showing remarkable growth.
BTC Slides to $95K
After a significant rise last week, Bitcoin has lost ground at the beginning of this week, falling below $95,000. The main cryptocurrency faced pressure amid reports of large sales by major investors, leading to a decline in price.
XRP and HBAR Surge
Unlike most large-cap altcoins, XRP and HBAR have shown significant growth. XRP increased by 22%, reaching a new multi-year high of $2.5 and becoming the third-largest cryptocurrency briefly. HBAR surged by 26%, reaching $0.25.
Current State of the Crypto Market
Despite individual successes, the total cryptocurrency market capitalization has declined by 2.5%, dropping below $2.550 trillion.
Current crypto market dynamics illustrate how quickly prices can change despite optimistic weekend forecasts. The rise of certain altcoins highlights the diversity of trends within this sector.
