By NewsBlogger Bitcoin experienced a week of fluctuating prices and market movements, reaching a peak above $66,000 before geopolitical tensions caused temporary dips, while altcoins also saw minor gains and losses.
At a glance
- Bitcoin price surged above $66,000 following halving event
- Altcoins like Ethereum and Binance Coin also saw gains
- Bitcoin’s price fluctuated due to geopolitical tensions
- Bitcoin’s market cap reached $1.3 trillion, with dominance over altcoins at 51%
- NEAR Protocol’s token showed significant growth among larger-cap altcoins
The details
Bitcoin has experienced a week of fluctuating prices and market movements.
The price of Bitcoin surged above $66,000 for the first time in a week following the completion of the halving event.
Altcoins have also shown minor gains during this period, with Ethereum reclaiming $3,200 and Binance Coin rising above $600.
Bitcoin Price Movement
Bitcoin’s price reclaimed value throughout the week, reaching almost $67,000 last Monday.
However, geopolitical tensions between Iran and Israel caused Bitcoin to dip below $60,000 on a couple of occasions.
Despite these fluctuations, Bitcoin quickly bounced back and soared to around $65,000 before the completion of the halving.
Bitcoin Market Cap
Bitcoin has been on a steady climb, recently spiking above $66,000 to chart a weekly peak.
Its market cap has reached $1.3 trillion on CoinGecko, with dominance over altcoins currently at 51%.
Most altcoins have also seen minor gains, with Ethereum up by 1% and Binance Coin up by over 4%. Specific altcoins like SOL, XRP, ADA, AVAX, DOT, and LINK are in the green, while others like TON, DOGE, SHIB, TRX, and BCH are slightly in the red.
In the past 24 hours, NEAR Protocol’s native token has shown significant growth among larger-cap altcoins, up by approximately 8%. The total crypto market cap has seen a notable increase of $40 billion overnight, now sitting above $2.550 trillion on CoinGecko.
Overall, the cryptocurrency market has seen a mix of ups and downs, with Bitcoin leading the way in terms of market cap and dominance, while altcoins continue to show varying levels of performance and volatility.
Article X-ray
Sources
Here are all the sources used to create this article:
Facts attribution
This section links each of the article’s facts back to its original source.
If you suspect false information in the article, you can use this section to investigate where it came from.
| cryptopotato.com |
|---|
| – Bitcoin’s price has increased above $66,000 for the first time in a week following the completion of the halving. – Altcoins have also seen minor gains, with Ethereum reclaiming $3,200 and BNB above $600. – BTC reclaimed value over the business week, surging to almost $67,000 last Monday. – Geopolitical tension between Iran and Israel caused Bitcoin to dip below $60,000 on a couple of occasions during the week. – Bitcoin quickly bounced back and soared to around $65,000 before the completion of the halving. – Bitcoin has been slowly climbing higher and spiked above $66,000 to chart a weekly peak. – Bitcoin’s market cap has reached $1.3 trillion on CoinGecko, with dominance over alts at 51%. – Most altcoins have seen minor gains, with Ethereum up by 1% and Binance Coin up by over 4%. – SOL, XRP, ADA, AVAX, DOT, and LINK are in the green, while TON, DOGE, SHIB, TRX, and BCH are slightly in the red. – NEAR Protocol’s native token has added the most value from larger-cap alts in the past 24 hours, up by about 8%. – The total crypto market cap has increased by $40 billion overnight, now sitting above $2.550 trillion on CG. |
