Bitcoin Value Stabilizes at $115K Following Trump-Zelenskyy Summit, OKB Nears Record High: Market Analysis

Bitcoin's price experienced volatility yesterday, coinciding with the much-anticipated meeting between US President Trump and several European leaders. After peaking at over $124,000 last week, Bitcoin quickly dropped to $118,000 post the release of July's PPI data, and later to an 11-day low of just under $115,000 ahead of the Trump-Zelenskyy meeting.

Despite some progress and security guarantees for Ukraine, Bitcoin couldn't sustain the $117,000 mark and slipped below $115,000. As of now, it's managed to bounce back slightly but faces a 3% weekly drop. Meanwhile, altcoins like OKB and MNT saw impressive double-digit gains, while the total crypto market cap rose by about $30 billion overnight, reaching $3.970 trillion.