Bitcoin (BTC) price stabilizes near $105,000 and most cryptocurrencies remain relatively calm

#SOLETFsOnTheHorizon

Bitcoin price witnessed a remarkable stability over the weekend at $105, while some altcoins recorded mixed daily gains.

Bitcoin performance:

Bitcoin started last week with sharp fluctuations, as the price fell from $106,000 to less than $100,000 in a short time, before reaching its all-time high of $109,000.

The currency price then experienced new fluctuations due to political developments, including Donald Trump’s speech that did not address cryptocurrencies.

Despite attempts at correction, the market regained remarkable momentum, bringing Bitcoin price back to $107,000, before falling back to $105,000, where it has stabilized near it in the last hours.

Bitcoin’s market cap currently stands at $2.07 trillion, with a market dominance estimated at 55.4%.

Altcoin Performance:

Altcoins are following Bitcoin’s lead as usual. Here are the performances of the most prominent and largest altcoins:

Ethereum (ETH) price: Up 1.3%, surpassing $3,300.

Ripple (XRP) price: Up to $3.1 with a similar daily increase.

Solana (SOL) and LINK (LINK) currency: Gained 3%, trading at $255 and $25, respectively.

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