Hold onto your hats, folks, because we're diving into the wild world of crypto where Toncoin (TON) is stealing the spotlight with some impressive gains! As most altcoins are seeing a bit of a dip, TON is shining bright thanks to some juicy news involving Telegram's big boss, Pavel Durov.
Let's talk about Bitcoin, the big kahuna of crypto. It’s been a rollercoaster ride this past week, with its price taking a nosedive on Monday, dropping six grand and hitting $80,000. But fear not, the bulls came charging in to save the day, pushing it back up to $84,000 by Thursday. It even flirted with $85,000 on Friday before taking a step back to around $84,000 over the weekend. It's been a calm dance, but the drama isn’t over yet!
Meanwhile, Bitcoin's market cap is playing hard to get, hovering just below $1.670 trillion, with its dominance over other altcoins teasing that 59% mark.
Now, back to the buzz around Pavel Durov, the Telegram mastermind. After some drama with the French authorities since August 2024, he finally got his passport back, sending Toncoin soaring by over 20% in no time! Though it cooled off a bit, it’s still basking in those double-digit gains.
Over in the larger-cap altcoin arena, MNT is making waves with an 8% surge, and AVAX is cruising upward by 3%. The rest, like XRP, DOGE, LTC, and ADA, are seeing a bit of red on the charts.
Overall, the total crypto market cap has taken a $30 billion hit from its recent peak, now sitting below the $2.840 trillion mark. But hey, in the ever-changing world of crypto, anything can happen! Keep your eyes peeled and your wallets ready for the next big move.
