#HBAR #xrp #BTC☀
Over the weekend, Bitcoin's price action hinted that it might break through $100,000, but on Monday, it was the opposite, falling to $95,000.
Many large-cap altcoins are now also in a losing position, with SOL down more than 4% and DOGE down 3%.
BTC dropped to $95,000
Last week, this major cryptocurrency experienced quite a bit of volatility, initially dominated by bears who sold the asset below $91,000 on Tuesday. However, afterward, bulls took over, launching several consecutive rises that led Bitcoin to surge above $97,000 on Wednesday and approach $99,000 on Friday.
However, this cryptocurrency failed to maintain its upward trend and pulled back several thousand dollars over the weekend. During the early Monday Asian trading session, the price of Bitcoin briefly soared above $98,000 but was quickly met with strong rejection.
In the next few hours, the asset fell by more than $3,000, dipping below $95,000 for the first time since last Friday. Reports indicate that some whales have deposited large amounts of BTC into exchanges, possibly to take some profits.
Bitcoin's current price means its market cap has fallen below $1.9 trillion, and its dominance over altcoins has dropped to 53.2% on CoinGecko.
Bitcoin/Price/Chart
XRP and HBAR on another planet
Most large-cap altcoins followed BTC's lead and saw price declines. For example, ETH (-2%), SOL (-4.3%), BNB (-2.6%), DOGE (-3%), and TON (-4%).
In contrast, in the case of Litecoin, ADA, XLM, AVAX, LTC, and LINK all rose by 17%.
However, today belongs to XRP, which has risen by 22% since yesterday. Additionally, it hit $2.5 earlier today, marking a new high in years and briefly becoming the third-largest cryptocurrency.
HBAR is another stunning riser, soaring over 26%, trading close to $0.25.
However, the total market capitalization of cryptocurrencies fell by about 2.5% in one day, currently below $2.55 trillion.
Cryptocurrency Market Overview.
