Bitcoin Market Situation
Price Trends: This week, Bitcoin's price has fluctuated dramatically, soaring from $103,000 on Sunday night to nearly $107,000, then facing resistance and being pushed down. On Wednesday, it broke through $109,100, setting a new historical high, but was then pushed back by bears. By Thursday morning, it continued to surge to nearly $112,000. On Friday, due to U.S. President Trump's new tariff statement on the EU, the price dropped by several thousand dollars, currently trading at around $108,000, still up 4% for the week.
Market Cap and Market Dominance: Bitcoin's market cap on CG remains close to $2.15 trillion, with a dominance over altcoins exceeding 61%.
Altcoin Market Situation
Top-Gaining Altcoins: HYPE leads the altcoins, hitting a historical high on Friday with a weekly gain of 30%. AAVE saw a weekly gain of 19%, ranking second, XMR gained 17.7%, ranking third, while PEPE and BCH also performed well.
Declining Altcoins: SUI has dropped 5% since last Sunday, and XRP has fallen 2.8% this week, now down to $2.3.
Total Cryptocurrency Market Cap: Since yesterday, the total cryptocurrency market cap has shrunk by about $30 billion, with CG data now down to $3.5 trillion.