Bitcoin Price Recovery and Ethereum Stability Amid Market Volatility
The price of Bitcoin fell last night, Monday, to $107,500, before recovering most of its losses later and stabilizing at around $109,500.
This came after sharp fluctuations the cryptocurrency experienced in recent days, where the price of Bitcoin peaked at $112,000 on Thursday, surpassing its all-time high recorded in January 2025.
The crypto market was affected last Friday by U.S. President Donald Trump's remarks regarding tariffs on the European Union, causing Bitcoin to drop again, but it maintained levels above $107,000 throughout the weekend.
On Monday, the cryptocurrency recorded a daily high of $110,500 before temporarily retreating.
The market capitalization of Bitcoin was approximately $2.18 trillion, with a dominance of 61% in the digital currency market.
On the other hand, the price of Ethereum stabilized at $2,600 after a 2% increase, while alternative coins like SUI, XRM, and PI recorded losses between 3% and 5%.
The HYPE coin, which recently surged, fell by 3.5%.
In contrast, QNT was the standout winner among the top 100 cryptocurrencies with an increase exceeding 10%, followed by TKX and VIRTUAL by 7%, then INJ by 6%.
The total market capitalization of cryptocurrencies stabilized at around $3.57 trillion.
