CandleFocus

ADA, XRP Take Main Stage With 8% Gains, BTC Consolidation Continues (Weekend Watch)

Bitcoin remained relatively stable over the weekend, staying within a tight range between $94,000 and $95,000. On the other hand, several altcoins, including XRP, ADA, and XLM, experienced significant gains. XRP surged from $2.33 to $2.6, ADA soared by nearly 9% to $1, and XLM increased by more than 7% to close to $0.45. However, SUI saw a decline of over 3% to $4.82. Other cryptocurrencies such as ETH, SOL, DOGE, AVAX, TON, LINK, HBAR, and DOT marked minor gains. The overall market capitalization of all crypto assets remained around $3.450 trillion. Bitcoin had a volatile week, reaching a high of $102,000 before experiencing a sharp drop. It came close to breaking below $91,000 but eventually settled around $94,000 over the weekend. Bitcoin's market cap is currently at $1.865 trillion, but its dominance over altcoins has decreased to 54.2%.

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