The price of the digital currency OKB, affiliated with the OKX trading platform, rose by 13%, surpassing the $200 mark, while the price of Bitcoin maintained its stability above the $110,000 level, despite the fluctuations of the past week.
In contrast, Bitcoin experienced notable fluctuations, dropping to $107,200 on the “Bitstamp” platform after selling pressure at the beginning of the week.
However, bullish speculators have returned strongly, pushing the price to break the $112,000 level on Wednesday, then to $113,400 on Friday after the release of U.S. jobs data, before the price of the cryptocurrency fell again by more than $3,000.
So far, Bitcoin is still trading above $110,000, having recently touched the $111,000 level.
The market capitalization of Bitcoin is currently about $2.210 trillion according to data from the 'coingecko' platform, while its dominance in the market remains stable at 56.4%.
In contrast, the movement of most major alternative cryptocurrencies slowed down over the weekend.
ETH, SOL, TRX, and SUI recorded slight declines, while XRP, BNB, DOGE, ADA, LINK, and HYPE achieved limited gains.
The CRO cryptocurrency recorded the largest loss among high market cap cryptocurrencies, declining by more than 3%.
On the contrary, the cryptocurrency M continued its strong rise, with a daily increase of 20% bringing it close to $1.9.
Additionally, WLFI rose by 29% to reach $0.24, while OKB surpassed the $200 mark again.
The total market capitalization of cryptocurrencies rose to $3.910 trillion, an increase of several billion from the previous day, according to the 'coingecko' platform.
