Bitcoin (BTC) price stabilizes near $105,000 with relative calm for most cryptocurrencies.
Current price
Current price
Bitcoin Price: $105,322.40.
Change over 24 hours: +0.22%.
Trading volume over 24 hours: $34.96 billion.
With the rise in Bitcoin's price and the continued demand momentum, there may be significant opportunities for potential profits in the coming months. Market risks and financial volatility should be monitored carefully. It is advisable to track relevant news and financial announcements to get an accurate idea of upcoming trends.
Notes
The information provided remains subject to rapid changes in the cryptocurrency market, making it important to conduct continuous research and review data regularly to obtain the best available information.
The price of Bitcoin witnessed noticeable stability during the weekend at $105, while some alternative cryptocurrencies recorded varying daily gains.
Bitcoin Performance:
Bitcoin started last week with sharp fluctuations, as the price dropped from $106,000 to below $100,000 in a short time, before reaching an all-time high of $109,000.
Subsequently, the price of the currency experienced new fluctuations due to political developments, including "Donald Trump's" speech, which did not address cryptocurrencies.
Despite correction attempts, the market regained noticeable momentum, bringing the price of Bitcoin back to $107,000, before retreating to $105,000 where it stabilized near that level in recent hours.
Currently, the market capitalization of Bitcoin is $2.07 trillion, with a market dominance estimated at 55.4%.
Alternative cryptocurrencies performance:
As usual, alternative cryptocurrencies follow the trend of Bitcoin, and here is the performance of the most prominent and largest alternative cryptocurrencies:
Ethereum (ETH) price: increased by 1.3%, surpassing $3300.
Ripple (XRP) price: rose to $3.1 with a similar daily increase.
Solana (SOL) and Chainlink (LINK): achieved gains of 3%, trading at $255 and $25, respectively.
Avalanche (AVAX): led the growth of major alternative cryptocurrencies, recording a 6% increase to reach $37.5.
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