Bitcoin is having a relatively quiet weekend, and after rising more than $10,000 from last week’s multi-month low, its price has stabilized in the $91,000 range.
Last week, intense selling pressure in the market pushed the price of Bitcoin below $81,000 for the first time since April, and the digital currency lost more than $25,000 in value in 10 days.
However, buyers stepped in and maintained support at $80,000. Currently, the price of Bitcoin has stabilized between $90,000 and $91,000, and its market cap has reached $1.820 trillion, while Bitcoin’s dominance over altcoins remains above 57%.
As Bitcoin bounces back, many altcoins are also trying to recover. In the weekly period, Ethereum and Ripple have grown more than 7%, and Solana and Hyperliquid have increased by about 5%.
However, ZCash has fallen over 21% and is now trading in the $450 range. The total value of the crypto market has also increased by more than 300 billion dollars compared to last week’s bottom and has reached close to 3.2 trillion dollars.
Crypto Potato
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