BTC Drops to $108K Amidst Top Weekly Altcoin Winners and Underperformers (Weekend Overview)

After a historic week where bitcoin surpassed its January peak, the cryptocurrency's price retracted following POTUS's Friday tariff announcements. Altcoins such as HYPE, SUI, and XRP displayed significant weekly gains and losses, with HYPE leading the pack with a 30% increase.

Despite a compromised Hyperliquid X account, HYPE continued to surge, marking a new all-time high. AAVE and XMR followed closely with weekly jumps of 19% and 17.7%, respectively. On the other hand, SUI fell by 5%, and XRP dipped to $2.3 due to a 2.8% weekly drop. The total crypto market cap decreased by $30 billion, bringing it down to $3.5 trillion.

BTC's current trading price is around $108,000, maintaining a 4% weekly increase. Its market cap is approximately $2.150 trillion, and it dominates over 61% of the altcoins.