Bitcoin (BTC), after experiencing a rollercoaster market, finally stabilized this weekend, hovering around $98,000. Although overall market sentiment is calming, a batch of altcoins has attracted market attention with impressive gains, especially ADA, DOGE, and AVAX, which can be considered the big winners of the week.

BTC: Steady! The king of the market returns.

Looking back over the week, Bitcoin's performance has been thrilling:

  • Early Week Waterloo: Last weekend, BTC struggled to hold $94,000, but on Monday it plummeted to $91,300, marking a one-month low.

  • Counterattack: Bulls exerted strength, pulling the price up to $99,000 on Friday; although it did not break through, it ultimately held the critical psychological level of $98,000.

As of now, BTC's weekly increase is 3.3%, with a market cap rising to $1.95 trillion. However, its market dominance has slightly decreased to 53.1%, indicating that altcoins are capturing some of the spotlight.

Altcoin Revival: ADA Shines Bright.

In contrast to BTC's relative stability, the altcoin market has surged with an astonishing revival:

  • ADA (Cardano) Dominates: With a weekly increase of 22%, Cardano not only leads among larger market cap cryptocurrencies but also strengthens market confidence in its ecosystem.

  • DOGE (Dogecoin) Powers Ahead: This classic meme coin also saw a double-digit weekly increase, once again proving its strong market appeal.

  • SUI, XLM, AVAX: Not only steadily rebounding but also achieving historical highs, igniting excitement among investors.

On the other hand, TON and BNB showed slightly weak performance, becoming the few assets that declined this week.

Total crypto market cap returns to $3.66 trillion.

Earlier this week, the total market cap of cryptocurrencies briefly fell below $3.4 trillion, but quickly rebounded to $3.66 trillion driven by the strength of altcoins. This reflects a gradual recovery in market confidence towards crypto assets.

Weekend Summary: In this round, did you pick the right team?

BTC Holds Steady for Now, but the spring of altcoins seems to have just begun! The explosion of popular cryptocurrencies like ADA, DOGE, and AVAX may herald the arrival of a new market cycle.

Don't be blinded by short-term fluctuations; Brother Tang teaches you to set goals, advance step by step, and witness wealth explosion with a smile! Follow Brother Tang, and let him guide you from confusion to freedom!
#比特币走势观察 #ADA #doge⚡ #AVAXUSD #TON