Altcoins Steal the Spotlight as Bitcoin Dominance Fades After $87K Rejection: Weekly Crypto Recap
🚀 Bitcoin rebounded strongly to reclaim the $80,000 level, reaching $87,300 amid significant ETF inflows, despite facing resistance and a subsequent pullback.
📉 The cryptocurrency market saw a shift towards altcoins, with BTC's dominance dropping by approximately 2% as several altcoins, like BTW and ENA, recorded impressive weekly gains.
🔒 Bitget reported a $351 million hot wallet breach but assured users that their funds are protected under its User Protection Fund, highlighting ongoing security concerns in the crypto space.
🚀 Bitcoin rebounded strongly to reclaim the $80,000 level, reaching $87,300 amid significant ETF inflows, despite facing resistance and a subsequent pullback.
📉 The cryptocurrency market saw a shift towards altcoins, with BTC's dominance dropping by approximately 2% as several altcoins, like BTW and ENA, recorded impressive weekly gains.
🔒 Bitget reported a $351 million hot wallet breach but assured users that their funds are protected under its User Protection Fund, highlighting ongoing security concerns in the crypto space.