Hold onto your hats, crypto fans! Cardano (ADA) is taking the spotlight among the big-name altcoins, leaving others in its dust.
After a wild ride, Bitcoin decided to kick back and relax over the weekend, settling at just over $98,000. Most altcoins are taking it slow today, too, but if we zoom out to the bigger picture, some of them are showing impressive comebacks—think ADA, DOGE, AVAX, and more.
Bitcoin had a rocky start to the business week, struggling to keep above the $94,000 mark and taking a nosedive to a monthly low of $91,300 on Monday. Just when everyone was bracing for it to dip under $90,000, the bulls charged in to save the day. Instead of sinking further, BTC bounced back with some serious gusto, eventually climbing to $99,000 by Friday. Although it got nudged back down to $98,000, it's been holding steady there over the weekend, boasting a 3.3% gain for the week.
In terms of market cap, Bitcoin is flexing with almost $1.950 trillion, though its grip on the altcoin market has loosened slightly, dropping by over 1% to 53.1%.
Meanwhile, the altcoin arena is bursting with green. Ethereum is strutting its stuff with a 6% increase, sitting pretty above $3,600. Ripple's token is thriving too, riding a 9% weekly wave to around $2.4.
But the real show-stealers? Cardano and Dogecoin! ADA is leading the charge with a staggering 22% jump, while DOGE isn't too far behind, posting double-digit gains.
Other stars of the show include SUI, reaching new heights, XLM, and AVAX. On the flip side, TON and BNB are feeling a bit under the weather, showing slight losses for the week.
Overall, the total crypto market cap has bounced back, climbing to $3.660 trillion after dipping below $3.4 trillion earlier in the week. Keep your eyes on the prize, because this crypto rollercoaster isn't slowing down anytime soon!
