Bitcoin price action calmed over the weekend, with the asset down $1,000 from its peak of $66,500. Most altcoins also saw daily corrections, but Ripple’s native token surged past $0.62, reaching its highest level since early August 🚀.
BTC failed to hold at $66K, falling another $500 to below $66,000. While it’s up 4% on the week, its market cap has fallen slightly to below $1.3 trillion.
Most major altcoins mimicked BTC’s performance. ETH and BNB are down more than 1%, while DOGE is up 3%. However, XRP is the best performer, rising 6% to $0.63.
The total crypto market cap has fallen by $30 billion to below $2.4 trillion.