Bitcoin experienced a rollercoaster ride in the past 24 hours, with its price plummeting to $67,100 before soaring to nearly $70,000. Despite the volatility, the leading cryptocurrency failed to break the coveted $70,000 mark and currently hovers around $68,000. Its market cap remains below $1.350 trillion, but its dominance over altcoins is above 50%.

In the altcoin market, Pepe, the third-largest meme coin, has resumed its bullish trend with a 9% daily surge. Other top gainers among the largest 100 altcoins include JASMY (27%), BEAM (25%), and ORDI (18%). Major altcoins like Ethereum, Binance Coin, Solana, Ripple, Dogecoin, and Toncoin experienced less volatility, with gains ranging from 0.5% to 1%.

Despite recent fluctuations, the total crypto market cap has recovered some ground, though it remains below $2.7 trillion. This market resilience underscores the growing investor confidence in the blockchain industry, particularly in DeFi and BRC 20 tokens, which continue to show promising growth potential.