The weekend is going quite favorably for Bitcoin as its price has kept climbing and went to a 5-day peak of just under $70,000.
Most altcoins are also slightly in the green, with ETH nearing $3,400 and BNB closing down to $600.
Last weekend was also quite positive for BTC as the asset stood primarily around $70,000 and even challenged $71,000 on Sunday evening. However, the bears stepped up at this point and pushed Bitcoin south hard.
This resulted in a price drop to $68,500 on Monday and an even more violent decline to under $66,000 on Tuesday. They kept the pressure piling, and BTC slipped to a ten-day low of under $64,500 on Wednesday.
The bulls finally awakened at this point and initiated an impressive leg-up that resulted in BTC briefly exceeding $69,000. Another rejection followed that drove the cryptocurrency down to $66,000 on Friday.
As mentioned above, though, the weekend has been a lot more positive. Bitcoin recovered some ground yesterday and stood at around $67,000-$68,000. Another jump came earlier today when BTC went as high as $69,800 amid increased whale activity.
Its market cap now stands at $1.365 trillion on CG, and its dominance over the alts has stalled at 50.3%.
BTCUSD. Source: TradingView
The two best performers from the larger-cap alts are Dogecoin and dogwifhat. The OG meme coin has soared by almost 9% in a day and has neared $0.2. Recall that there have been numerous predictions that DOGE will soar to $1 during this bull cycle.
WIF has skyrocketed by 12% in a day and sits at $3.7. MNT follows suit with a 6% increase that has pushed it to $1.4.
The rest of the larger-cap alts are also in the green, albeit in a more modest fashion. ETH, BNB, SOL, XRP, ADA, and TON have all added around 1-2% in a day. More gains come from the likes of Avax (4.4%), SHIB (3.5%), and UNI (3%).
The total crypto market cap has reclaimed the $2.7 trillion level after a $40 billion increase in a day.
Cryptocurrency Market Overview. Source: QuantifyCrypto
The post DOGE, WIF Emerge as Today’s Top Performers, BTC Aims at $70K (Weekend Watch) appeared first on CryptoPotato.
Most altcoins are also slightly in the green, with ETH nearing $3,400 and BNB closing down to $600.
BTC Goes After $70K
Last weekend was also quite positive for BTC as the asset stood primarily around $70,000 and even challenged $71,000 on Sunday evening. However, the bears stepped up at this point and pushed Bitcoin south hard.
This resulted in a price drop to $68,500 on Monday and an even more violent decline to under $66,000 on Tuesday. They kept the pressure piling, and BTC slipped to a ten-day low of under $64,500 on Wednesday.
The bulls finally awakened at this point and initiated an impressive leg-up that resulted in BTC briefly exceeding $69,000. Another rejection followed that drove the cryptocurrency down to $66,000 on Friday.
As mentioned above, though, the weekend has been a lot more positive. Bitcoin recovered some ground yesterday and stood at around $67,000-$68,000. Another jump came earlier today when BTC went as high as $69,800 amid increased whale activity.
Its market cap now stands at $1.365 trillion on CG, and its dominance over the alts has stalled at 50.3%.
BTCUSD. Source: TradingView
WIF, DOGE on a Roll
The two best performers from the larger-cap alts are Dogecoin and dogwifhat. The OG meme coin has soared by almost 9% in a day and has neared $0.2. Recall that there have been numerous predictions that DOGE will soar to $1 during this bull cycle.
WIF has skyrocketed by 12% in a day and sits at $3.7. MNT follows suit with a 6% increase that has pushed it to $1.4.
The rest of the larger-cap alts are also in the green, albeit in a more modest fashion. ETH, BNB, SOL, XRP, ADA, and TON have all added around 1-2% in a day. More gains come from the likes of Avax (4.4%), SHIB (3.5%), and UNI (3%).
The total crypto market cap has reclaimed the $2.7 trillion level after a $40 billion increase in a day.
Cryptocurrency Market Overview. Source: QuantifyCrypto
The post DOGE, WIF Emerge as Today’s Top Performers, BTC Aims at $70K (Weekend Watch) appeared first on CryptoPotato.
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