Hold onto your hats, crypto enthusiasts, because the market is buzzing with surprises! XRP is making waves alongside SOL, HBAR, and everyone's favorite meme coin, DOGE.
We all expected some shake-up after the CPI announcement, but boy, did the market take us on a wild ride! Instead of crashing and burning, Bitcoin decided to do a little jig and hit a weekly high. Talk about defying expectations!
Earlier this week, Bitcoin had a bit of a rollercoaster moment, nosediving from $96,000 to just under $90,000 in a matter of hours. It hit rock bottom at $89,250, the lowest since November, leaving everyone questioning if the bull run was just a tall tale. But like a phoenix, BTC soared back up to $97,000 by Tuesday, just in time to greet the CPI numbers with a bang.
In mere minutes, BTC skyrocketed from under $97,000 to $98,500 and didn't stop until it nearly touched $101,000. After that exhilarating climb, it took a breather and settled a couple of thousand dollars lower.
But that's not all, folks! The crypto market cap is flexing its muscles at $1.960 trillion, although Bitcoin's dominance took a little hit, now sitting at 54.3%.
Ethereum is back in action, jumping past $3,300 after a brief dip below $3,000. Meanwhile, DOGE is wagging its tail above $0.37, AVAX is inching towards $40, TRX is hanging around $0.25, and LINK has leaped over $21.
The real stars of the show are XRP, SOL, and HBAR, leading the charge among the big players. VIRTUAL, from the top 100 alts, stole the spotlight with a jaw-dropping 28% surge in just one day! XDC wasn't far behind with a 17% boost, and LTC joined the party with a 15% rise.
The cumulative market cap of all crypto assets is now soaring above $3.6 trillion, adding over $300 billion since the shaky start of the week. It's been a whirlwind, but that's the crypto world for you—never a dull moment!
