HASH and TRUMP lost the most value daily.
Bitcoin’s relatively quiet price movements continued into the weekend, with the asset’s most significant gain coming with a slight increase to $111,000, where it encountered immediate resistance.
Most large-cap altcoins suffered minor losses over the past day, led by HYPE, BCH, HBAR, ZEC, and TAO.
BTC has stopped at $111,000 at the moment
The primary cryptocurrency started the business week well, with prices rising to just over $116,000 on Monday. After a slight correction, it rose above this line again on Tuesday, where it stalled and pushed south strongly.
On Wednesday, Bitcoin calmed down at around $112,000 ahead of the US Federal Reserve He cuts Interest rates rose for the second time in a row over the past few months. Bitcoin reaction With an immediate drop in prices pushing it south to $110,000 and even lower on Thursday when the asset fell below $106,500.
Finally, the bulls rallied at this point and started a bull run that took Bitcoin to $111,500. However, that was a short-term advance once again, and so was Bitcoin Unable to run higher since then. During the past hours, it tried to exceed $111,000, but to no avail so far.
Its market capitalization regained the $2.2 trillion level on CG, while its dominance in altcoins stopped at 58%.
Alternatives with losses
As mentioned earlier, most altcoins with large market caps saw minor losses in the past 24 hours. BNB, SOL, DOGE, TRX, ADA, XLM, and SUI are slightly in the red, while Bitcoin Cash is down more than 4%. HBAR, HYPE and ZEC shares fell more than 2% daily.
In contrast, ETH, XRP, LINK, and AVAX recorded insignificant gains, while XMR rose more than 3%, the same as ICP’s rise.
The biggest losers on a daily scale are HASH (-7.5%) and Trump (-6.5%). However, the meme associated with the US President jumped 25% weekly.
The total market capitalization of cryptocurrencies rose slightly overnight and exceeded $3.8 trillion.
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Cryptocurrency charts By TradingView.
