In a spectacle fit for the finest soap opera, Bitcoin-ever the prima donna-once again flirted with the $90,000 mark. After a brief dalliance below that threshold yesterday, it sweet-talked its way back to the sweet spot this Saturday morning, much to the relief of those who prefer their digital assets slightly less volatile than a toddler on a sugar rush.
Meanwhile, Ethereum, Solana, and Cardano have decided to join the mood swing party, dropping up to 4% – just enough to make you question whether the crypto universe is auditioning for a role in a particularly dramatic telenovela. ETH hangs loosely at above $3,100, waiting for its next big emotional rollercoaster.
BTC: The Persistent Defender of $90K
This week has been a whirlwind of card tricks and sleight of hand-hardly the stuff of a tranquil Sunday croquet game. The Wednesday FOMC meeting set the scene, as traders eagerly anticipated whatever interest rate move the Fed would craft like a master jeweler. BTC, in a display of that classic bravado, surged from shyly under $90,000 to an audacious peak of $94,500 on Tuesday-seriously, who needs a rollercoaster? 🤡
As if to keep everyone on their toes, the price retreated before the official rate cut, only to sally forth once more after the Federal Reserve’s official announcement, but this time, it was less Titanic and more dinghy-capped at $94,400, followed by a plunge to below $89,500. Truly Nietzsche would be impressed by the volatility-such a ‘God is dead’ rally.
The bullish brigade momentarily pushed it to $93,600 Thursday, only for BTC to demonstrate that upward mobility is overrated by dumping three grand and then swiftly reclaiming the sainted $90,000 line. The market sentiment remains somewhat stoic, despite Trump’s recent political theatrics and the Venezuela soap opera-because nothing says ‘investor confidence’ like geopolitical soaps.
Market cap is still comfortably above $1.8 trillion, regardless of the daily emotional spin, with dominance over altcoins sitting majestically at about 57%. Truly, Bitcoin remains the grumpy king of the hill, shrugging off the chaos with a market cap that says, “I’m still here, darlings.”
HYPE & ENA: The Fallen Stars & the Rise of the Underdogs
Much like that unfortunate friend who always shows up late to the party, HYPE and ENA have taken a nosedive-down 4-5%, now comfortably perched at $28 and $0.25, respectively. HYPE is getting the “silent treatment,” perhaps pondering its existence, while ENA might just be plotting a cunning comeback. Those who bet on HASH were rewarded handsomely, soaring by 13.5% to $0.03, as if announcing, “We’re still relevant, folks!”
M too, is flexing its muscles with an 8% surge, hitched up to $1.67-probably looking to rub it in the face of those who doubted its resilience. Meanwhile, the total crypto market cap has shed about $40 billion-because nothing says ‘fun weekend’ like watching the value evaporate down to $3.175 trillion, in the grand tradition of an emotional rollercoaster that never truly ends.
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2025-12-13 13:54