Hold onto your hats, folks, because the crypto rollercoaster is in full swing! Bitcoin is on a wild ride, breaking past $87,600 for the first time since early March. It's like watching a thrilling movie with twist and turns at every corner.
Altcoins aren't missing out on the action either. AVAX is stealing the spotlight with a jaw-dropping 12% surge, hitting close to $22. Meanwhile, Ethereum is flexing its muscles with a 3.5% boost, nearing $2,100. XRP is also joining the party, climbing past $2.45. And let's not forget about SOL, LINK, and SUI – they're all in the green, basking in gains of 5-7%.
But not all tokens are having a good day. Pi Network's PI token is having a bit of a meltdown, dropping another 6% and falling below the $1 mark.
The past week was a mixed bag for Bitcoin. It kept us on our toes, especially when the US Fed wrapped up its meeting without altering interest rates. Then came the Ripple drama, with their CEO hinting at an SEC lawsuit dismissal. Bitcoin's response? A dizzying dance up to $87,500 and a quick drop, only to bounce back to $84,000 for a weekend breather before shooting up again.
Now, Bitcoin sits comfortably above $87,000, with its market cap soaring to $1.730 trillion and its dominance climbing to 58.5%.
Overall, the total crypto market has gained a cool $80 billion since yesterday, now standing at $2.960 trillion. It's an exciting time for crypto enthusiasts, and you don't want to miss any of this electrifying action!
