Hold onto your hats, crypto enthusiasts! We've got some electrifying news from the digital currency world that'll have you on the edge of your seat. SOL and SUI are strutting their stuff with a daily boost of over 6%! Talk about making a splash!
Now, let's dive into the rollercoaster ride that is Bitcoin. It had a wild Friday, skyrocketing by over three grand, only to hit a wall at $85,000 and slide back by a grand. Talk about a dramatic entrance and exit!
Meanwhile, altcoins are putting on quite the show, with ATOM stealing the spotlight with a dazzling double-digit surge.
The week kicked off a bit bumpy for Bitcoin, losing its grip on the $86,000 mark and taking a tumble to $80,000 by Monday. Just when you thought it was down for the count, it staged a comeback to $84,000, only to be wrestled back down below $77,000 – a drop not seen in four months!
But like a phoenix rising from the ashes, Bitcoin bounced back, climbing above $80,000 in a matter of hours. It kept the momentum going on Wednesday, thanks to some positive vibes from the US CPI data, but faced another hurdle at $84,000 before dipping back to $80,000. The drama peaked on Friday, with a swift rise from $82,000 to a multi-day high above $85,000, before taking a breather around $84,000.
Some market gurus are eyeing this level as a crucial support zone, questioning whether Bitcoin will gather enough steam to make a dash for $90,000 soon.
On the altcoin front, SOL and SUI are basking in the glory of their impressive gains, now trading at over $230 and $2.35 respectively. Meanwhile, ETH is holding strong above $1,900, despite whispers of a potential dip to $1,300. XRP has been on a tear, hitting $2.4 with a 4% daily boost. Not to be left out, BNB is closing in on $600, while DOGE, ADA, and LTC are enjoying a modest 3% rise each.
The total crypto market is rejoicing, adding a whopping $60 billion since yesterday’s low, now sitting pretty at $2.840 trillion. The crypto carnival is in full swing, folks! Stay tuned for more thrilling updates as we keep you in the loop with all the price action in this exhilarating world of digital currencies!
