Bitcoin’s price action over the weekend capped off a rally that pushed the asset to a new all-time high of $106,500, but it has fallen about two thousand since then.
Most altcoins are a bit sluggish on a daily scale, with the exception of LINK, SUI and AAVE, all of which have seen impressive gains.
Last peak of BTC
After two price declines early in the previous workweek, both of which pushed BTC down to $94,400, the cryptocurrency went on the offensive and surged to around $100,000 by Thursday.
After some uncertainty at this level, the asset blew past it on Friday and hasn’t looked back since. The price hovered around $102,000 over the weekend and after several failed breakout attempts, it managed to rise above that level during the Asian morning trading session.
Perhaps thanks to some positive comments from Donald Trump and the growing number of whale wallets, BTC soared to a new all-time high of $106,500 (on Bitstamp). However, it has since fallen out of favor a bit and is now down about two thousand dollars.
Its market capitalization on CoinGecko reaches $2.070 trillion, and its dominance over altcoins is approaching 54%.
SUI sees new high
Most larger-cap companies recorded either small gains or minor losses over the past day. ETH is in the green, trading above $3,900, while XRP, SOL, BNB, DOGE, ADA, TRX and AVAX are down around 1-2% each.
In contrast, LINK and AAVE were among the leaders with growth of 4% and 5%, respectively. SUI has jumped more than 6% and is above $4.7. Moreover, according to CoinGecko, a few hours ago it reached a new all-time high, exceeding $4.9.
The total cryptocurrency market capitalization has increased by approximately $80 billion since yesterday, reaching $3.850 trillion on CG.
