Hold onto your hats, crypto enthusiasts, because we've got some electrifying news coming your way! While most altcoins are feeling a little under the weather, there's a shining star in the crypto sky today – Toncoin. Thanks to some thrilling developments surrounding Telegram's mastermind, Pavel Durov, TON is soaring high with impressive gains.
Over in Bitcoin land, things have been a bit of a rollercoaster this week. The king of crypto kicked off the week with a dramatic $6,000 drop, tumbling down to $80,000. But fear not, as Bitcoin flexed its muscles and bounced back up to $84,000. Those pesky bears tried to rain on the parade again, pulling BTC to a four-month low of under $77,000. However, like a phoenix rising from the ashes, Bitcoin soared above $80,000, hitting $84,000 by Thursday. It even flirted with $85,000 on Friday, its highest point since the previous weekend, before settling back around $84,000 for a chill weekend vibe.
In the grand arena of market capitalization, Bitcoin's numbers are playing it cool below $1.670 trillion, while its dominance over the altcoins is hovering near 59%.
Now, back to the talk of the town, Pavel Durov. The news from France was music to the crypto community's ears as Pavel finally got his passport back after a long hiatus since August 2024. As expected, Toncoin went into overdrive, rocketing by over 20%. While it took a small breather since hitting the peak, it's still enjoying a double-digit surge.
But wait, there's more! MNT is basking in the spotlight too, jumping by an impressive 8%. AVAX is not far behind with a 3% boost, while some of the big names like XRP, DOGE, LTC, and ADA are nursing their wounds in the red.
The total crypto market cap took a slight dip, shedding about $30 billion from yesterday's peak, now sitting below $2.840 trillion. So, buckle up and keep your eyes peeled for more exciting action in the world of crypto.
