Bitcoin Regains Footing After Turbulent Week
The crypto market has experienced a dramatic rollercoaster ride this week! Bitcoin initially skyrocketed toward $100,000 following the Bybit hack, only to rapidly retract. However, BTC demonstrated resilience with a remarkable $7,000 rebound from its $78,000 low and is now stabilizing near $85,000.
Altcoins Join the Rally
The upward momentum has also lifted other major cryptocurrencies:
- Ethereum (ETH) surged 5% to surpass $2,200
- Binance Coin (BNB) jumped 4%, nearing $600
- Ripple (XRP) successfully defended the $2 mark and leaped 8% to $2.17
- Other notable gainers include Solana (SOL), Dogecoin (DOGE), and Cardano (ADA)
Share Your Insights!
What are your thoughts on the current market trends? Join the discussion in the comments!
