Altcoins take the lead as Bitcoin dominance weakens after being rejected at the $87K level: Recap of the crypto market this week
- Bitcoin (BTC) sees sharp volatility, initially dropping to $75,000 but then rebounding above $87,000 thanks to large inflows into ETFs, before stabilizing around $83,500.
- Altcoins outperform BTC, with notable gains for BTW (73%), ENA (52%), and XRP (17%), contributing to BTC’s dominance falling by about 2%.
- Key developments include the launch of the first European ETP ZEC, a serious attack targeting Bitget resulting in $351 million in damages, and Ondo Finance introducing on-chain investment portfolios supported by BlackRock.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
- Bitcoin (BTC) sees sharp volatility, initially dropping to $75,000 but then rebounding above $87,000 thanks to large inflows into ETFs, before stabilizing around $83,500.
- Altcoins outperform BTC, with notable gains for BTW (73%), ENA (52%), and XRP (17%), contributing to BTC’s dominance falling by about 2%.
- Key developments include the launch of the first European ETP ZEC, a serious attack targeting Bitget resulting in $351 million in damages, and Ondo Finance introducing on-chain investment portfolios supported by BlackRock.
Source: CryptoPotato
🌍 Updated by GemCrypto
$BTC
#Bitcoin #Crypto
