Bitcoin’s Wild Ride: Altcoins Steal the Show! 🚀💸

by

Oh, what a grand, bouncy ride Bitcoin has taken! It zoomed up from under $102,000 to a multi-day peak of over $106,500, like a sneaky little coin with a secret plan. 🪙

Many altcoins, those cheeky troublemakers, followed suit with even more impressive gains. XRP, for instance, shot up 12% daily, reclaiming the $2.50 level like a determined squirrel on a mission. 🐿️

BTC Above $106K

The previous business week was a tragic comedy for the main cryptocurrency. The downfall began on Monday morning when it was rejected at $111,000, then pushed south to under $104,000. The bears, those grumpy old men with sticks, had a tight grip on the market and drove the asset south to under $100,000 for the first time since June. 😈

Bitcoin bottomed at just under $99,000 on Tuesday, but the subsequent rebound was as short-lived as a balloon in a hurricane. It was stopped at $104,000 and driven back to a five-digit price territory by Friday. However, this recovery was more impressive and sustainable… if you’re a optimist. 🤷‍♂️

BTC jumped toward $104,000 once again on Friday, and even though it was halted there at first, it remained around $101,000-$102,000 during the weekend. A more notable leg up followed on Sunday afternoon after US President Trump promised a tariff dividend to almost all Americans of at least $2,000. 🚀 (Though, honestly, who’s counting?)

At first, bitcoin tapped $104,000 but kept climbing on Monday morning. It exceeded $106,000 and reached a multi-day peak of just over $106,500 earlier today. Its market cap has reclaimed the $2.1 trillion tag, but its dominance over the alts has declined to 57.5%. (The alts are clearly stealing the spotlight. 🎭)

Big Gain Alts

The decreasing BTC dominance in times of market resurgance means that the alts have performed better. XRP is a prime example as it has soared by more than 12% in the past day and now sits well above $2.50. ETH has reclaimed the $3,600 level following a 6.5% increase, while SOL is close to $170 after a 7% pump. 🚀

ADA, HYPE, LINK, ZEC, BCH, and LTC are also well in the green. The double-digit price gainers club is also joined by APT, ENA, AAVE, XLM, HBAR, RENDER, UNI, PUMP, and WLFI, which actually led with a massive 31% surge. (Who needs sleep when you can make 31% in a day? 💥)

The total crypto market cap has added $170 billion daily and is up to $3.680 trillion on CG. (And the bears? They’re probably hiding in a cave, muttering about “unfair advantages.”)

Read More

2025-11-10 13:44