The price of the cryptocurrency "HYPE" increased by 9% and Bitcoin regained the level of $95,000

The "HYPE" coin recorded a rise of 9% to reach $20, while the price of Bitcoin returned to $95,000.

The price of Bitcoin had previously dropped to the lower end of this range, but quickly rebounded, indicating the continued strength of support in this area.

Recently, there has been limited movement in the price of Bitcoin, after surpassing the $90,000 level last Tuesday and reaching $96,000 on Friday, the highest level in two months.

However, price movements over the past few days remained within a narrow range between $93,000 and $95,000, reflecting a balance between buying and selling forces, without significant breakouts in either direction.

In the last 24 hours, the price retreated again to the lower end of the range, but support remained strong, allowing for a new rebound towards $95,000.

Meanwhile, the total market capitalization of Bitcoin remains stable near $1.890 trillion, with a dominance exceeding 61% according to data from the "coingecko" platform.

Regarding alternative cryptocurrencies, most major market-cap assets continued to move sideways, recording marginal gains and losses.

Both ETH, SOL, DOGE, TRX, and LINK achieved slight gains, while XRP, ADA, BNB, SUI, AVAX, and XLM saw minor declines.